Praj Industries allots 35,620 equity shares under ESOP; Stock ends 2% up

Praj Industries Limited has informed the Exchange regarding the allotment of equity shares under Praj Employee Stock Option Plan 2011 (ESOP 2011).

The Committee of Directors of the Company on 9th April 2021, has allotted 35,620 Equity shares of face value Rs. 2/- each to the eligible employees of the Company who have exercised their stock options under “Praj Employee Stock Option Plan 2011”.

The stock has touched an intraday high and low of Rs207.45 per piece and Rs197.50 per piece respectively in early trading hours.

Today on 9th April 2021, the Company hits new 52-week high on at Rs207.45 per piece on Sensex.

On Friday trading session, Praj Industries ended at Rs203.45 per piece up by Rs4.85 or 2.44%.

Previously, the stocks of Praj Industries closed at Rs198.60 per piece on the BSE.

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( With inputs from indiainfoline)