Redington India allots 73715 Shares

Redington (India) Ltd has announced that the ESOP Share Allotment Committee of the Directors of the Company has considered and approved on April 30, 2010 the allotment of 73,715 (Seventy Three Thousand Seven Hundred and Fifteen Only) equity shares of Rs. 10/- each at a premium of Rs. 120/- per share pursuant to exercise of options granted under 'Redington (India) Ltd - Employee Stock Option Plan, 2008'.

The stock closed the day at Rs.381, up by Rs.2.75 or 0.73%. The stock hit an intraday high of Rs.389.95 and low of Rs.378.

The total traded quantity was 7525 compared to 2 week average of 6083.

Source : Equity Bulls

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