Idea Cellular Ltd allots 177228 Equity shares under Employee Stock Option Scheme, 2006

The Nomination and Remuneration Committee of Idea Cellular Limited has vide its circular resolution dated June 22, 2016 allotted 177,228 Equity Shares of Rs. 10/- each to the Option Grantees, pursuant to the exercise of Stock Options granted under the Company's Employee Stock Option Scheme, 2006 (ESOS-2006).

Further, post the said allotment, the Equity Share Capital of the Company stands increased to 3,600,803,724 equity shares of Rs. 10/- each aggregating to Rs. 36,008,037,240/-.

Shares of IDEA CELLULAR LTD. was last trading in BSE at Rs.101.6 as compared to the previous close of Rs. 101.4. The total number of shares traded during the day was 1584431 in over 3529 trades.

The stock hit an intraday high of Rs. 102.35 and intraday low of 101.15. The net turnover during the day was Rs. 161548441.

Source : Equity Bulls

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