JB Chemicals & Pharmaceuticals allots 42025 equity shares

JB Chemicals & Pharmaceuticals Ltd has announced that the Compensation Committee of the board of directors of the Company on September 28, 2010, has issued and allotted 42,025 equity shares of face value of Rs. 2 each (29,150 shares at a premium of Rs. 61 per share, and 12,375 shares at a premium of Rs. 82 per share and 500 shares at a premium of Rs. 93 per share) to certain employees against the exercise of options granted to them pursuant to Employees Stock Option Scheme of the Company.

The issued and paid up capital has thus gone up from to 8,43,96,201 equity shares of Rs. 2 each to 8,44,38,225 equity shares of Rs. 2 each.

The stock closed the day at Rs.102.70, down by Rs.2.40 or 2.28%. The stock hit an intraday high of Rs.105.95 and low of Rs.102.50.

The total traded quantity was 0.56 lakhs compared to 2 week average of 0.81 lakhs.

Source : Equity Bulls

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