Shoppers Stop Ltd allots 20159 shares

The Nomination and Remuneration & Corporate Governance Committee of Shoppers Stop Ltd by circular resolution has allotted 20,159 equity shares of Rs.5/- each, at an exercise price of Rs. 362/- per share on account of exercise of vested Employee Stock Options by employees of the Company and its subsidiary under ESOP 2008 Scheme on November 30, 2017.

Post allotment of these shares, the share capital of the Company stands increased to 83547611 shares of Rs. 5/- each.

Shares of SHOPPERS STOP LTD. was last trading in BSE at Rs.548.6 as compared to the previous close of Rs. 556.4. The total number of shares traded during the day was 25561 in over 1045 trades.

The stock hit an intraday high of Rs. 556.4 and intraday low of 519.55. The net turnover during the day was Rs. 13682828.

Source : Equity Bulls

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