Allcargo Global Logistics allots 8598 Equity Shares under ESOP Scheme

Allcargo Global Logistics Ltd has announced that the Allotment Committee of the Board of Directors of the Company at their meeting held on July 12, 2010 has issued and allotted 8,598 equity shares of Rs. 2 each fully paid of the Company to its employees in exercise of options granted to them under 'Allcargo Employee Stock Option Plan 2006'.

Accordingly, with the allotment of 8,598 equity shares, the paid up share capital of the Company has been increased from Rs. 261,016,740 divided into 130,508,370 equity shares of Rs. 2 each fully paid up to Rs. 261,033,936 divided into 130,516,968 equity shares of Rs. 2 each.

The stock closed the day at Rs.170.20, down by Rs.0.05 or 0.03%. The stock hit an intraday high of Rs.178 and low of Rs.169.

The total traded quantity was 1643 compared to 2 week average of 4038.

Source : Equity Bulls

Keywords