India Infoline allots 133650 Equity Shares upon exercise of ESOPs

The Compensation Committee of the Board of Directors of India Infoline Ltd has by a circular resolution on March 13, 2012 allotted 1,33,650 equity shares to the eligible employee(s) upon exercise of stock options under Employee Stock Option Schemes of the Company.

Upon allotment, the equity base of the Company stand increased from 28,88,90,553 equity shares to 28,90,24,203 equity shares of Rs. 2/- each.

The India Infoline Ltd stock closed the day at Rs.73.65, up by Rs.0.40 or 0.55%. The stock hit an intraday high of Rs.75.40 and low of Rs.73.05.

The total traded quantity was 0.81 lakhs compared to 2 week average of 2.05 lakhs.

Source : Equity Bulls

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