Redington (India) allots 118055 Shares

Redington (India) Ltd has announced that the ESOP Share Allotment Committee of the Directors of the Company has considered and approved on February 10, 2011 the allotment of 1,18,055 (One Lakh Eighteen Thousand and Fifty Five Only) equity shares of Rs. 2/- each at a premium of Rs. 24/- per share pursuant to exercise of options granted under 'Redington (India) Limited - Employee Stock Option Plan, 2008'.

The stock was trading at Rs.71.55, up by Rs.0.45 or 0.63%. The stock hit an intraday high of Rs.73.35 and low of Rs.71.

The total traded quantity was 2522 compared to 2 week average of 143596.

Source : Equity Bulls

Keywords