Venus Remedies Ltd has announced that the Board of Directors of the Company at its meeting held on April 25, 2007 has transacted the following:
1. Allotment of 23,528 equity shares under Employees Stock Options Scheme pursuant to exercise of options granted.
2. Further Mr. Ashutosh Jain, Vice President, has been appointed as an Additional Director in whole time employment as Executive Director in charge of HR, Administration, Regulatory Affairs, Legal and Projects.
The stock closed the day at Rs.432.20, down by Rs.17.20 or 3.83%. The stock hit an intraday high of Rs.465 and low of Rs.427. The total traded quantity was 46539 shares compared to 2 week average of 15562.