Idea Cellular Ltd approves allotment of 190038 Equity shares under Employee Stock Option Scheme, 2006

The Nomination and Remuneration Committee of Idea Cellular Limited has vide its circular resolution dated November 28, 2016 allotted 190,038 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 the Company has informed that, post the said allotment, the Equity Share Capital of the Company stands increased to 3,60,13,22,365 equity shares of Rs. 10/- each aggregating to Rs. 36,0132,23,650/-.

Shares of IDEA CELLULAR LTD. was last trading in BSE at Rs.79.15 as compared to the previous close of Rs. 75.8. The total number of shares traded during the day was 1178248 in over 6747 trades.

The stock hit an intraday high of Rs. 79.55 and intraday low of 77.6. The net turnover during the day was Rs. 92869925.

Source : Equity Bulls

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