Strides Arcolab allots 10000 Equity Shares on exercise of ESOPs

Strides Arcolab Ltd has announced that the Company has allotted 10,000 fully paid equity shares of Rs.10/- each under Strides Arcolab ESOP 2008 (Director) Scheme to a Director of the Company.

Consequent to the allotment, the paid up equity share capital of the Company has increased from Rs. 435,291,380 consisting of 43,529,138 equity shares of Rs. 10/-each to Rs. 435,391,380 consisting of 43,539,138 equity shares of Rs. 10/- each.

The stock closed the day at Rs.337.90, up by Rs.11.95 or 3.67%. The stock hit an intraday high of Rs.340.70 and low of Rs.331.40.

The total traded quantity was 66242 compared to 2 week average of 189979.

Source : Equity Bulls

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