Kilitch Drugs to allot shares under ESOS at Rs.47.50

Kilitch Drugs India Ltd has announced that the Board of Directors of the Company at its meeting held on October 16, 2010, has decided to allot shares against the exercise of Employee Stock Option under ESOS KDL 2007 at a price @ Rs. 47.50. It was further decided to make an application for listing of said shares.

The stock was trading at Rs.114, down by Rs.1.55 or 1.34%. The stock hit an intraday high of Rs.116 and low of Rs.112.

The total traded quantity was 9133 compared to 2 week average of 32460.

Source : Equity Bulls

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