Cipla Ltd approves allotment of 39691 Equity Shares

The Nomination and Remuneration Committee of Cipla Ltd on February 08, 2017 allotted 39,691 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. 1,61,09,50,272 comprising of 80,54,75,136 equity shares of face value Rs. 2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs. 1,60,89,43,482 comprising of 80,44,71,741 equity shares of face value Rs. 2/- each.

Shares of CIPLA LTD. was last trading in BSE at Rs.602.95 as compared to the previous close of Rs. 597.3. The total number of shares traded during the day was 170208 in over 4295 trades.

The stock hit an intraday high of Rs. 607.7 and intraday low of 598.5. The net turnover during the day was Rs. 102822137.

Source : Equity Bulls

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