Arshiya International allots 64440 shares under ESOP

Arshiya International Ltd has announced that the Remuneration and Compensation Committee of the Board of Directors of the Company at its meeting held on November 08, 2010, have allotted 64,440 no. of equity shares of Rs. 2/- each at a premium of Rs. 208/- per equity share to the eligible employees of the Company, pursuant to the exercise of options under the Company's Employee Stock Options Plan 2007.

The stock closed the day at Rs.331.60, up by Rs.15.70 or 4.97%. The stock hit an intraday high of Rs.341.70 and low of Rs.314.10.

The total traded quantity was 0.63 lakhs compared to 2 week average of 0.22 lakhs.

Source : Equity Bulls

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