Centum Electronics Ltd grants 18000 stock options

The Compensation Committee of the Board of Directors of Centum Electronics Ltd, at its meeting held on August 5, 2017 approved the grant of 18,000 Stock Options to the employees of the Company.

The exercise price for the above grant of options is Rs. 637.05 being the closing price of the Company's shares on the National Stock Exchange, the Exchange which recorded the highest trading on August 4, 2017.

Further to inform that 18,270 options granted earlier under the scheme have been forfeited.

Shares of CENTUM ELECTRONICS LTD. was last trading in BSE at Rs.614.9 as compared to the previous close of Rs. 605.25. The total number of shares traded during the day was 1758 in over 85 trades.

The stock hit an intraday high of Rs. 615 and intraday low of 596.6. The net turnover during the day was Rs. 1073930.

Source : Equity Bulls

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