Jindal Steel & Power allots 326021 shares under Employees Stock Option Scheme (ESOS-2005)

Jindal Steel & Power Ltd has announced that Sub-Committee of Directors has on February 01, 2011 allotted 3,26,021 equity shares of Re. 1/- each in accordance with the terms of Company's Employees Stock Option Scheme (ESOS-2005). Consequently with effect from February 01, 2011 the issued, subscribed and paid up share capital of the Company stands increased to Rs. 93,42,69,031/- (Rupees ninety three crores forty two lacs sixty nine thousand and thirty one only) divided into 93,42,69,031 equity shares of Re.1/- each.

The stock was trading at Rs.630.10, down by Rs.33.35 or 5.03%. The stock hit an intraday high of Rs.668 and low of Rs.629.45.

The total traded quantity was 2.23 lakhs compared to 2 week average of 1.50 lakhs.

Source : Equity Bulls

Keywords