Jyoti Structures allots 23175 Equity Shares & Grants 18850 Options under ESOS

Jyoti Structures Ltd has announced that Compensation Committee of the Board of Directors by Circulatory Resolution dated August 27, 2010 has allotted 23,175 Equity Shares of Rs. 2 each arising out of Stock Options granted to the employees of the Company under Employees Stock Option Scheme.

The Board Granted further 18,850 Options to the eligible employees under the Employees Stock Option Scheme.

Consequent to the aforesaid allotment of 23,175 Equity Shares of Rs. 2 each, the paid up share capital of the Company has increased to Rs. 16,41,07,880 divided into 8,20,53,940 Equity Shares of Rs. 2 each.

The stock closed the day at Rs.141.65, down by Rs.3.95 or 2.71%. The stock hit an intraday high of Rs.149.90 and low of Rs.140.30.

The total traded quantity was 187049 compared to 2 week average of 103729.

Source : Equity Bulls

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