Strides Arcolab allots 57750 Equity Shares

Strides Arcolab Ltd has allotted 57,750 fully paid equity shares of Rs. 10/- each on conversion of employee stock options under Strides Arcolab ESOP Schemes.

Consequent to the above allotment, the paid-up equity share capital of the Company has increased from Rs. 584,134,210/- consisting of 58,413,421 equity shares of Rs. 10/- each to Rs. 584,711,710/- consisting of 58,471,171 equity shares of Rs. 10/- each.

The Strides Arcolab Ltd stock was trading at Rs.547.50, up by Rs.2.50 or 0.46%. The stock hit an intraday high of Rs.553.95 and low of Rs.544.

The total traded quantity was 0.16 lakhs compared to 2 week average of 0.97 lakhs.

Source : Equity Bulls

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