JB Chemicals allots 26350 Equity Shares

JB Chemicals & Pharmaceuticals Ltd has announced that the compensation committee of the board of directors of the Company has, on April 27, 2010, issued and allotted 26,350 equity shares of face value of Rs. 2/- each of the Company to various employees against exercise of options granted to them on April 01, 2004 at exercise price of Rs. 63/- per share.

The issued and paid up capital has thus gone up from 8,43,26,350 shares of Rs. 2/- each to 8,43,52,700 equity shares of Rs. 2/- each.

The stock was trading at Rs.84.80, up by Rs.1.50 or 1.80%. The stock hit an intraday high of Rs.86.55 and low of Rs.82.

The total traded quantity was 186017 compared to 2 week average of 338122.

Source : Equity Bulls

Keywords