Aurobindo Pharma allots 27007 Shares under ESOP Scheme

Aurobindo Pharma Ltd has announced that the Compensation Committee of the Board on July 19, 2010 has made allotment of 27,007 Equity Shares of Rs. 5/- each at a premium of Rs. 357.60 per share under ESOP-2004 Scheme of the Company. Consequent to the allotment the paid up share capital of the Company has increased from 56453157 Equity Shares of Rs. 5/- each to 56480164 Equity Shares of Rs. 5/- each.

The stock closed the day at Rs.988.35, down by Rs.17.85 or 1.77%. The stock hit an intraday high of Rs.1017 and low of Rs.987.

The total traded quantity was 23220 compared to 2 week average of 20133.

Source : Equity Bulls

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