Arrow Coated Products allots 45600 Equity Shares under ESOS 2007

Arrow Coated Products Ltd has announced that the Board of Directors of the Company at its meeting held on November 29, 2010, inter alia, has issued and allotted 45600 equity shares of Rs. 10/- each pursuant to exercise of options granted under Employees Stock Option Scheme 2007.

The stock closed the day at Rs.10.92, up by Rs.0.52 or 5%. The stock hit an intraday high of Rs.10.92 and low of Rs.9.90.

The total traded quantity was 22 compared to 2 week average of 167.

Source : Equity Bulls

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