Dabur India allots 1001598 shares on exercise of Stock Options

The Remuneration cum Compensation Committee of Dabur India Ltd has allotted 10,01,598 equity shares of face value of Rs. 1/- each to eligible employees of the Company who exercised their stock options under the Dabur Employee Stock Option Scheme, 2000. These shares are pari passu with the existing equity shares of the Company, in all respects.

With this allotment, the paid up share capital of the Company increased to Rs. 174,17,25,396/- divided into 174,17,25,396 equity shares of face value of Rs. 1/- each.

The stock was trading at Rs.115.45, down by Rs.1 or 0.86%. The stock hit an intraday high of Rs.116.50 and low of Rs.115.05.

The total traded quantity was 0.23 lakhs compared to 2 week average of 2.02 lakhs.

Source : Equity Bulls

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