Cipla Ltd approves allotment of 18542 Equity Shares

The Nomination and Remuneration Committee of Cipla Ltd on January 02, 2017 allotted 18,542 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the option grantees under Employee Stock Option Scheme 2013-A.

Consequently, the issued share capital of the Company stands increased to Rs. 1,61,08,32,634 comprising of 80,54,16,317 equity shares of face value Rs. 2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs. 1,60,88,25,844 comprising of 80,44,12,922 equity shares of face value Rs. 2/- each.

Shares of CIPLA LTD. was last trading in BSE at Rs.565.9 as compared to the previous close of Rs. 568.2. The total number of shares traded during the day was 52925 in over 1506 trades.

The stock hit an intraday high of Rs. 572.4 and intraday low of 563.35. The net turnover during the day was Rs. 30062301.

Source : Equity Bulls

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