Carborundum Universal allots 39184 Shares under ESOP Scheme

Carborundum Universal Ltd has allotted 39,184 shares of Rs. 2/- each arising out of the exercise of stock options, granted to four employees under the Employees Stock Option Scheme 2007 on June 10, 2011. The exercise price in respect of these options was Rs. 183.60/- per share.

With this allotment the number of equity shares outstanding is 93,567,699 and the paid-up capital equity share capital is Rs. 187,135,398/-.

The stock was trading at Rs.269.50, up by Rs.0.60 or 0.22%. The stock hit an intraday high of Rs.274.95 and low of Rs.269.

The total traded quantity was 3746 compared to 2 week average of 6750.

Source : Equity Bulls

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