ICSA India allots 150000 Shares on conversion of Stock Options

ICSA India Ltd has announced that the Board of Directors of the Company at its meeting held on July 14, 2010, have allotted 1,50,000 Equity shares of Rs. 2/- each on conversion of 30% of the Employee Stock Options issued under ESOP 2008 scheme.

Accordingly the revised share capital of the Company after the present allotment consists of 4,75,75,984 equity shares of Rs. 2/- each.

The stock was trading at Rs.148.30, down by Rs.0.80 or 0.54%. The stock hit an intraday high of Rs.150.95 and low of Rs.147.40.

The total traded quantity was 80410 compared to 2 week average of 177224.

Source : Equity Bulls

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