ICSA India Ltd allots 150000 Shares on conversion of Stock Options

The Board of Directors of ICSA (India) Ltd at their meeting held on April 18, 2011, have allotted 1,50,000 Equity shares of Rs. 2/- each on conversion of 30% of the Employee Stock options issued under ESOP 2009 scheme.

Accordingly the revised share capital of the company after the present allotment consists of 4,79,00,985 equity shares of Rs. 2/- each.

The stock closed the day at Rs.121.25, up by Rs.0.25 or 0.21%. The stock hit an intraday high of Rs.123.50 and low of Rs.120.20.

The total traded quantity was 0.64 lakhs compared to 2 week average of 0.57 lakhs.

Source : Equity Bulls

Keywords