Strides Arcolab allots 41000 Equity Shares under ESOP 2008

Strides Arcolab Ltd has announced that the Company has allotted 41,000 fully paid equity shares of Rs. 10/- each on conversion of employee stock options under Strides Arcolab ESOP 2008 Scheme.

Consequent to the above allotment, the paid up equity share capital of the Company has increased from Rs. 576,636,710.00 consisting of 57,663,671 equity shares of Rs. 10/- each to Rs. 577,046,710 consisting of 57,704,671 equity shares of Rs. 10/- each.

The stock closed the day at Rs.428.60, down by Rs.0.65 or 0.15%. The stock hit an intraday high of Rs.437.75 and low of Rs.426.50.

The total traded quantity was 0.18 lakhs compared to 2 week average of 0.62 lakhs.

Source : Equity Bulls

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