Suditi Industries Ltd to issue 88930 shares

The Compensation Committee of Suditi Industries Ltd has received applications from employees for exercise of Stock Options under Suditi Employees Stock Option Plan, 2011. The Compensation Committee at its meeting held on May 27, 2016 has considered, approved and recommended to the Board of Directors for issue of 88,930 Equity Shares against exercise of 88,930 Stock Options by the Employees under Suditi Employees Stock Option Plan, 2011.

Shares of SUDITI INDUSTRIES LTD. was last trading in BSE at Rs.25.85 as compared to the previous close of Rs. 27.2. The total number of shares traded during the day was 3195 in over 11 trades.

The stock hit an intraday high of Rs. 26.6 and intraday low of 25.85. The net turnover during the day was Rs. 83393.

Source : Equity Bulls

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