Coromandel International allots 41000 Equity Shares

The Share Transfer & Investors' Grievance Committee of Coromandel International Ltd has allotted 41000 equity shares of Re. 1/- each fully paid to the employees pursuant to ESOP 2007 on March 11, 2011. Consequent to this allotment, the issued and paid up capital of the Company stands revised to 281834198 equity shares of Re. 1/- each fully paid amounting to Rs. 281834198/-.

The stock was trading at Rs.280.60, up by Rs.2.20 or 0.79%. The stock hit an intraday high of Rs.287 and low of Rs.273.50.

The total traded quantity was 9855 compared to 2 week average of 49666.

Source : Equity Bulls

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