Jindal Steel & Power allots 240564 shares under ESOS

The Sub-Committee of Directors of Jindal Steel & Power Ltd on April 14, 2011, has allotted 2,40,564 equity shares of Re. 1/- each in accordance with the terms of company's Employees Stock Option Scheme (ESOS-2005).

Consequently with effect from April 14, 2011 the issued, subscribed and paid up share capital of the Company stands increased to Rs. 93,45,09,595/- (Rupees ninety three crores forty five lacs nine thousand five hundred ninety five only) divided into 93,45,09,595 equity shares of Re. 1/- each.

The stock closed the day at Rs.672.95, down by Rs.8.85 or 1.30%. The stock hit an intraday high of Rs.686 and intraday low of Rs.669.15.

The total traded quantity was 0.69 lakhs as compared to 2 week average of 0.79 lakhs.

Source : Equity Bulls

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