Vakrangee Softwares allots 10248 Equity Shares upon conversion of Options issued under ESOP Scheme

The Remuneration and Compensation Committee of Vakrangee Softwares Ltd at its meeting held on April 29, 2011 has allotted 10,248 numbers of Equity Shares having Face Value of Rs. 10/- each to the employees of the Company (the Allottees) as per the 'Vakrangee Softwares Limited ESOP Scheme 2008'.

Post allotment of 10,248 shares of face value of Rs. 10/- each, the Company's issued and paid-up share capital is at 24941761 Equity Shares of face value of Rs. 10/- each amounting to Rs. 24,94,17,610/-.

The stock closed the day at Rs.369.45, down by Rs.11 or 2.89%. The stock hit an intraday high of Rs.389.90 and low of Rs.369.45.

The total traded quantity was 0.17 lakhs compared to 2 week average of 0.27 lakhs.

Source : Equity Bulls

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