Coromandel International allots 37726 Equity Shares

Coromandel International Ltd has announced that the Share Transfer & Investors' Grievance Committee on May 25, 2010, allotted 37726 equity shares of Rs. 2/- each fully paid to the employees pursuant to ESOP 2007. Consequent to this allotment, the issued and paid up capital of the Company stands revised to 140387238 equity shares of Rs. 2/- each fully paid amounting to Rs. 280774476/-.

The stock was trading at Rs.392, up by Rs.9.10 or 2.38%. The stock hit an intraday high of Rs.397 and low of Rs.386.80.

The total traded quantity was 23269 compared to 2 week average of 49293.

Source : Equity Bulls

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