Cipla Ltd allots 10000 Equity Shares

The Nomination and Remuneration Committee of Cipla Ltd on March 02, 2016 allotted 10,000 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the option grantee under Employee Stock Option Scheme 2013-A.

Consequently, the issued share capital of the Company stands increased to Rs. 1,60,87,75,354 comprising of 80,43,87,677 equity shares of face value Rs. 2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs. 1,60,67,68,564 comprising of 80,33,84,282 equity shares of face value Rs. 2/- each.

Shares of CIPLA LTD. was last trading in BSE at Rs.525.15 as compared to the previous close of Rs. 517.5. The total number of shares traded during the day was 745711 in over 4672 trades.

The stock hit an intraday high of Rs. 531.85 and intraday low of 520. The net turnover during the day was Rs. 390673232.

Source : Equity Bulls

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