Strides Arcolab Ltd allots 125,000 Equity Shares

Strides Arcolab Ltd has allotted 125,000 fully paid equity shares of Rs. 10/- each under Strides Arcolab ESOP 2008 (Directors) Scheme to Non-Executive Directors of the Company.

Consequent to the allotment, the paid up equity share capital of the Company has increased from Rs. 585,402,710.00 consisting of 58,540,271 equity shares of Rs. 10/- each to Rs. 586,652,710.00 consisting of 58,665,271 equity shares of Rs. 10/- each.

The Strides Arcolab Ltd stock closed the day at Rs.632.65, up by Rs.1.85 or 0.29%. The stock hit an intraday high of Rs.645 and low of Rs.627.

The total traded quantity was 0.23 lakhs compared to 2 week average of 0.45 lakhs.

Source : Equity Bulls

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