Redington India allots 58435 Shares

The ESOP Share Allotment Committee of the Directors of Redington (India) Ltd has considered and approved on June 16, 2011, the allotment of 58,435 (Fifty Eight Thousand Four Hundred and Thirty Five Only) equity shares of Rs. 2/- each at a premium of Rs. 24/- per share pursuant to exercise of options granted under ‘Redington (India) Ltd - Employee Stock Option Plan, 2008'.

The stock was trading at Rs.85.95, down by Rs.1.05 or 1.21%. The stock hit an intraday high of Rs.87.75 and low of Rs.85.05.

The total traded quantity was 0.18 lakhs compared to 2 week average of 0.25 lakhs.

Source : Equity Bulls

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