Mahindra CIE Automotive Limited allots 15224 Equity Shares

The Allotment Committee of Board of Directors of Mahindra CIE Automotive Ltd vide its resolution passed on July 02, 2016 issued and allotted 15,224 Equity Shares of face value of Rs. 10/- pursuant to exercise of options by the eligible employees under the Company's Employees' Stock Option Scheme, 2007. Consequent to the allotment the paid up capital of the Company has been increased from Rs. 3,235,703,240/- to Rs. 3,235,855,480/-.

Shares of Mahindra CIE Automotive Limited was last trading in BSE at Rs.176.75 as compared to the previous close of Rs. 178.25. The total number of shares traded during the day was 24795 in over 453 trades.

The stock hit an intraday high of Rs. 180.6 and intraday low of 176.35. The net turnover during the day was Rs. 4425389.

Source : Equity Bulls

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