Cipla Ltd allots 5679 Equity Shares

The Nomination and Remuneration Committee of Cipla Ltd on July 15, 2016 allotted 5,679 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the option grantee under Employee Stock Option Scheme 2013-A.

Consequently, the issued share capital of the Company stands increased to Rs. 1,60,92,27,732 comprising of 80,46,13,866 equity shares of face value Rs.2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs.1,60,72,20,942 comprising of 80,36,10,471 equity shares of face value Rs.2/- each.

Shares of CIPLA LTD. was last trading in BSE at Rs.516.15 as compared to the previous close of Rs. 510.9. The total number of shares traded during the day was 100056 in over 2595 trades.

The stock hit an intraday high of Rs. 518.7 and intraday low of 511. The net turnover during the day was Rs. 51579742.

Source : Equity Bulls

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