Cipla Ltd approves allotment of 70557 Equity Shares

The Nomination and Remuneration Committee of Cipla Ltd on December 02, 2015 allotted 70,557 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the option grantees under Employee Stock Option Scheme 2013-A.

Consequently, the issued share capital of the Company stands increased to Rs.1,60,83,57,516 comprising of 80,41,78,758 equity shares of face value Rs. 2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs. 1,60,63,50,726 comprising of 80,31,75,363 equity shares of face value Rs. 2/- each.

Shares of CIPLA LTD. was last trading in BSE at Rs.642.25 as compared to the previous close of Rs. 645. The total number of shares traded during the day was 38343 in over 1424 trades.

The stock hit an intraday high of Rs. 648 and intraday low of 638.7. The net turnover during the day was Rs. 24664710.

Source : Equity Bulls

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