ICSA India allots 175001 Shares on conversion of Stock Options

The Board of Directors of ICSA India Ltd at its meeting held on March 04, 2011, have allotted 1,75,001 Equity shares of Rs. 2/- each on conversion of 35% of the Employee Stock Options issued under ESOP 2007 scheme.

Accordingly the revised share capital of the Company after the present allotment consists of 4,77,50,985 equity shares of Rs. 2/- each.

The stock closed the day at Rs.128.25, up by Rs.0.85 or 0.67%. The stock hit an intraday high of Rs.128.95 and low of Rs.126.35.

The total traded quantity was 1.05 lakhs compared to 2 week average of 0.54 lakhs.

Source : Equity Bulls

Keywords