BS Ltd allots 181300 Equity Shares

BS Ltd has allotted, on March 31, 2016, 181,300 Equity Shares (including 90,650 Bonus Equity Shares) of Re. 1/- each to the grantees, upon exercise of 9,065 Options @ Rs. 109.95 per Share of Rs. 10/- each under the Employees Stock Option Plan 2011 ("ESOP 2011") of the Company. The said shares shall rank pari-passu with the existing Equity Shares of the Company in all respects.

The Company, pursuant to the approval of the Shareholders dated January 10, 2014, has sub divided the Face Value of the Shares of the Company from Rs. 10/- each into Re. 1/- each with effect from January 22, 2014. Accordingly, the Option holders, upon exercise of each Option of Rs. 10/-, are issued and allotted 10 (Ten) Equity Shares of Re. 1/- each of the Company.

Shares of BS LTD. was last trading in BSE at Rs.13.75 as compared to the previous close of Rs. 13.21. The total number of shares traded during the day was 32726 in over 112 trades.

The stock hit an intraday high of Rs. 13.75 and intraday low of 13.3. The net turnover during the day was Rs. 440517.

Source : Equity Bulls

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