Jubilant FoodWorks allots 382370 Equity Shares

Jubilant FoodWorks Ltd has announced that the Compensation Committee, in its meeting held on July 02, 2010, has allotted 382,370 equity shares of face value of Rs. 10/- each, pursuant to exercise of the options by the Employees of the Company under ESOP Scheme 2007.

The Pre-issue Paid-up capital was at 63,960,536 shares (Rs.639,605,360) and the Post-issue Paid-up Share Capital is 64,342,906 shares (Rs.643,429,060).

Further, out of the above, 225,000 equity shares have been allotted to Shri. Ajay Kaul, CEO cum Whole-time Director of the Company.

The stock was trading at Rs.342.45, up by Rs.10.35 or 3.12%. The stock hit an intraday high of Rs.346.40 and low of Rs.332.

The total traded quantity was 416555 compared to 2 week average of 361996.

Source : Equity Bulls

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