ITC allots 2943490 Equity Shares under ESOS

ITC Ltd has on January 20, 2012 issued and allotted 29,43,490 Ordinary Shares of Rs. 1/- each, upon exercise of 2,94,349 Options by Optionees under the Company's Employee Stock Option Schemes.

Consequently, with effect from January 20, 2012, the Issued and Subscribed Share Capital of the Company stands increased to Rs. 780,02,26,780/- divided into 780,02,26,780 Ordinary Shares of Rs. 1/- each.

The ITC Ltd. stock closed the day at Rs.204.25, up by Rs.2.90 or 1.44%. The stock hit an intraday high of Rs.204.95 and low of Rs.198.50.

The total traded quantity was 5 lakhs compared to 2 week average of 4.66 lakhs.

Source : Equity Bulls

Keywords