Cipla Ltd approves allotment of 19128 Equity Shares

The Nomination and Remuneration Committee of Cipla Ltd on January 23, 2017 allotted 19,128 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. 1,61,08,70,890 comprising of 80,54,35,445 equity shares of face value Rs.2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs. 1,60,88,64,100 comprising of 80,44,32,050 equity shares of face value Rs.2/- each.

Shares of CIPLA LTD. was last trading in BSE at Rs.579.8 as compared to the previous close of Rs. 576.85. The total number of shares traded during the day was 25176 in over 962 trades.

The stock hit an intraday high of Rs. 581.3 and intraday low of 574.5. The net turnover during the day was Rs. 14565945.

Source : Equity Bulls

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