Trinethra Infra Ventures allots 3840000 equity shares under ESOPs

The Board of Directors of Trinethra Infra Ventures Ltd at its meeting held on June 28, 2011, has issued and allotted 38,40,000 equity shares of Rs. 2/- each to certain employees against exercise of stock options granted to them pursuant to ESOP Scheme of the Company i.e. 'Trinethra ESOS - 2010 (Revised 2011)'. Consequently, the paid-np capital was increased from Rs. 6,45,59,000/- to Rs. 7,22,39,000/-.

The stock closed the day at Rs.6.94, up by Rs.0.33 or 4.99%. The stock hit an intraday high of Rs.6.94 and low of Rs.6.76.

The total traded quantity was 3.08 lakhs compared to 2 week average of 2.70 lakhs.

Source : Equity Bulls

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