Balrampur Chini Mills Ltd allots 38500 Equity Shares

Balrampur Chini Mills Ltd has on July 02, 2016, allotted 38,500 Equity Shares of Rs. 1 each of the Company at a price of Rs. 45 per share (including premium of Rs. 44 per share) to the eligible employees on exercise of stock options pursuant to Employee Stock Option Scheme of the Company.

Post the above allotment, the paid-up equity capital of the Company would stand at Rs. 244988267 consisting of Rs. 244988267 Equity Shares of Rs 1 each.

Shares of BALRAMPUR CHINI MILLS LTD. was last trading in BSE at Rs.130.05 as compared to the previous close of Rs. 126.1. The total number of shares traded during the day was 934888 in over 6938 trades.

The stock hit an intraday high of Rs. 131.8 and intraday low of 123.45. The net turnover during the day was Rs. 120356283.

Source : Equity Bulls

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