Redington (India) said that the ESOP Share Allotment Committee of the Directors of the company has considered and approved the allotment of 67,555 equity shares of Rs 2 each, pursuant to exercise of options granted under 'Redington (India)- Employee Stock Option Plan, 2008'.

Redington is the supply chain solution providers to manufacturers of information technology, telecom, lifestyle and consumer electronics products. The supply chain solution enables organizations to create customer experiences consistent with their brand values and meet dynamically changing market requirements.

Shares of the company declined Rs 0.4, or 0.3%, to trade at Rs 133.90. The total volume of shares traded was 170,977 at the BSE (12.22 p.m., Friday).