Redington India allots 85831 Shares

Redington (India) Ltd has announced that the ESOP Share Allotment Committee of the Directors of the Company has considered and approved on June 16, 2010, the allotment of 85,831 (Eighty Five Thousand Eight Hundred and Thirty One 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.391.75, down by Rs.0.30 or 0.08%. The stock hit an intraday high of Rs.399.90 and low of Rs.390.

The total traded quantity was 2488 compared to 2 week average of 37642.

Source : Equity Bulls

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