Capital First Ltd allots 44050 shares

The Allotment Committee of the Board of Directors of Capital First Ltd through a resolution passed at its meeting held on September 21, 2017, has allotted 44,050 equity shares of Rs. 10/- each fully paid up to the allottees upon exercise of stock options pursuant to the various CFL - Employee Stock Option Schemes.

With the allotment of the above shares, the equity base of the Company stands increased from present level of 9,77,80,544 (Nos.) to 9,78,24,594 (Nos.) equity shares of Rs. 10/- each.

Further, 14,500 Stock Options granted under the various CFL - Employee Stock Option Schemes stands cancelled and the said stock options shall be available for grant/re-issue under the said Schemes.

Shares of CAPITAL FIRST LTD. was last trading in BSE at Rs.817 as compared to the previous close of Rs. 824.7. The total number of shares traded during the day was 67812 in over 1667 trades.

The stock hit an intraday high of Rs. 831 and intraday low of 805. The net turnover during the day was Rs. 55393451.

Source : Equity Bulls

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