Repro India allots 11500 Shares on exercise of ESOPs

Repro India Ltd has announced that the Compensation Committee vide resolution passed by circulation dated April 12, 2010 has allotted 11,500 number of shares of Rs. 10/- each on the exercise of 11500 stock options under the Repro India Ltd - Employee Stock Option Scheme 2006 adopted at the Annual General Meeting held on September 12, 2006 ("said Scheme") to its employees converted under the said Scheme.

The Existing Issued and Paid up Capital of the Company is 10495149 Equity Shares of Rs. 10/- each and Shares allotted / increased by 11500 Equity Shares of Rs. 10/- each. The Revised Issued and Paid up Capital: 10506649 Equity Shares of Rs. 10/- each.

The new equity shares rank pari passu in all respect with the existing capital.

The stock was trading at Rs.107.75, down by Rs.0.50 or 0.46%. The stock hit an intraday high of Rs.108.55 and low of Rs.105.20.

The total traded quantity was 5160 compared to 2 week average of 29295.

Source : Equity Bulls

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