The company made the announcement after trading hours yesterday. At present, Rayban Indian Holdings, a unit of Luxottica, owns 70.54 per cent stake in the listed company. 3,01,412 shares were traded on Wednesday compared with its two-week average of 27,848.
The stock hit a 52-week high of Rs 142.40 on December 17, 2007, and a 52-week low of Rs 53 on March 19. The scrip has gained about 48 per cent in the last one month.
