Jubilant FoodWorks allots 338790 shares

Jubilant FoodWorks Ltd has announced that the Compensation Committee, in its meeting held on April 29, 2010, has allotted 338,790 equity shares of face value of Rs. 10/- each, pursuant to exercise of the options by the Employees of the Company under ESOP Scheme 2007.

Accordingly, Pre-issue Paid-up Capital of 63,621,746 shares and Rs.636,217,460 has increased to 63,960,536 shares and Rs.639,605,360.

Further, out of the above, 1,00,000 equity shares have been allotted to Shri. Ajay Kaul, CEO cum Whole-time Director of the Company.

The stock closed the day at Rs.342.30, up by Rs.7.90 or 2.36%. The stock hit an intraday high of Rs.347 and low of Rs.336.

The total traded quantity was 467744 compared to 2 week average of 1003002.

Source : Equity Bulls

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