Shoppers Stop Ltd allots 7535 shares

The Nomination and Remuneration & Corporate Governance Committee of Shoppers Stop Ltd has allotted 7,535 equity shares of Rs.5/- each (5,571 equity shares at an exercise price of Rs. 362/- per share and 1,964 equity shares at an exercise price of Rs. 404/- per share), on account of exercise of vested Employee Stock Options by employees under ESOP 2008 Scheme on January 31, 2018.

Post allotment of these shares, the share capital of the Company stands increased to 87951071 shares of Rs. 5/- each.

Shares of SHOPPERS STOP LTD. was last trading in BSE at Rs.525 as compared to the previous close of Rs. 515.1. The total number of shares traded during the day was 5875 in over 266 trades.

The stock hit an intraday high of Rs. 525 and intraday low of 500.05. The net turnover during the day was Rs. 2989812.

Source : Equity Bulls

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