Sun Pharma Advanced Research Company Ltd allots 40,40,404 shares

The Securities Allotment Committee of Sun Pharma Advanced Research Company Ltd, has in its meeting held from 12:00 Noon to 12:30 pm today, allotted 40,40,404 fully paid-up equity shares of face value of Rs. 1 each of the Company on conversion of equivalent number of warrants consequent to the receipt of application for exercise of option along with exercise money aggregating to Rs. 99,99,99,990 from some of its warrant holders.

Shares of SUN PHARMA ADVANCED RESEARCH COMPANY LTD. was last trading in BSE at Rs.436.85 as compared to the previous close of Rs. 448. The total number of shares traded during the day was 83081 in over 1864 trades.

The stock hit an intraday high of Rs. 452 and intraday low of 427. The net turnover during the day was Rs. 36344395.

Source : Equity Bulls

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