Ambuja Cements allots 319100 shares under ESOS category

The Share Allotment & Investor Grievance Committee of Ambuja Cements Ltd at its meeting held on March 01, 2011 has allotted 319100 Equity Shares on exercise of the stock options by the employees.

The company allotted 107900 equity shares under Stock Option Scheme 2007, 1300 equity shares under Stock Option Scheme SAP 2007, 103350 equity shares under Stock Option Scheme 2008 and 106550 equity shares under Stock Option Scheme 2009.

The stock closed the day at Rs.121.80, up by Rs.3.80 or 3.22%. The stock hit an intraday high of Rs.122.65 and low of Rs.118.70.

The total traded quantity was 1.47 lakhs compared to 2 week average of 1.68 lakhs.

Source : Equity Bulls

Keywords