ICSA India allots 62496 Shares on conversion of Stock Options

ICSA India Ltd has announced that the Board of Directors of the Company at its meeting held on June 09, 2010, have allotted 62496 Equity shares of Rs. 2/- each on conversion of 25% of the Employee Stock Options issued under ESOP 2006 scheme.

Accordingly the revised share capital of the Company after the present allotment comprises of 4,73,50,984 equity shares of Rs. 2/- each.

The stock was trading at Rs.126.50, up by Rs.0.30 or 0.24%. The stock hit an intraday high of Rs.129.25 and low of Rs.125.60.

The total traded quantity was 68944 compared to 2 week average of 192719.

Source : Equity Bulls

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