Nila Infrastructures Ltd approves allotment of 424000 Equity Shares

The Compensation Committee of the ESOP scheme of the Company "Nila Infrastructures Ltd. ESOP. - 2014" has, on January 16, 2017 made allotment of 424000 (Four Lac Twenty Four Thousand Only) equity shares of Re. 1/- each at an exercise price of Rs. 6.64/- per share to the employees of the Company consequent upon exercise of stock options.

The issued, subscribed and paid up equity share capital of the Company is therefore now increased to Rs. 39,33,92,700 comprising of 393392700 equity shares of Re. 1/- each.

Shares of NILA INFRASTRUCTURES LTD. was last trading in BSE at Rs.14.5 as compared to the previous close of Rs. 14.39. The total number of shares traded during the day was 36552 in over 80 trades.

The stock hit an intraday high of Rs. 14.63 and intraday low of 14.25. The net turnover during the day was Rs. 528965.

Source : Equity Bulls

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