Subex allots 1300 Equity Shares under ESOP

Subex Ltd has announced that the allotment committee of the Company has issued 1,300 equity shares to employees pursuant to exercise of stock options under the ESOP scheme.

Consequently the paid-up share capital of the Company has increased from Rs. 579,831,390 to 579,844,390.

The stock was trading at Rs.52.90, down by Rs.1 or 1.86%. The stock hit an intraday high of Rs.54.30 and low of Rs.52.75.

The total traded quantity was 65609 compared to 2 week average of 143705.

Source : Equity Bulls

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