GHCL allots over 3.37 lakh equity shares under ESOS; Stock trades higher

The current market cap of the company is Rs2,925.93cr.

Jul 15, 2021 03:07 IST India Infoline News Service

GHCL Ltd has informed the exchange regarding allotment of 3,37,500 Equity Shares of the Company of Rs. 10 each to forty one employees (including three KMPs) of the Company against exercise of Stock Options pursuant to GHCL ESOS 2015 on Thursday.

Further, consequent to above allotment of 3,37,500 Equity Shares, the Issued & Paid-up Capital of the Company stands increased from Rs. 95,01 ,32,860/- consisting of 9,50, 13,286 equity shares of Rs. 10/- each to Rs. 95,35,07,860/- consisting of 9,53,50,786 equity shares of Rs. 10/- each.

At around 3:05 PM, GHCL was trading at Rs310.10 apiece up by Rs2.15 or 0.7% from its previous closing of Rs307.95 apiece on the BSE.

Related Story

Open Free Demat Account (Rs699)