Ion Exchange allots shares under ESOS
Ion Exchange allots shares under ESOS >Pursuant to stock options exercised under the employees stock option scheme (ESOS 2005), the employees stock option compensation committee meeting of Ion Exchange (Q, N,C,F)* India held on Sep. 17, 2007 allotted 596,700 shares under ESOS 2005.
Ion Exchange (India) disclosed a phenomenal jump in net profit for the quarter ended in June 2007. During the quarter, the company`s profit rose 3.25 times to Rs 14.30 million from Rs 4.40 million in the same quarter last year.
Sales for the quarter rose 43.78% to Rs 926.40 million compared with the corresponding quarter, a year ago.
Shares of the company gained Rs 0.05, or 0.02%, to settle at Rs 201.75. The total volume of shares traded was 8,383 at the BSE.(Monday)
