Bajaj Finance allots 4690000 Shares

Pursuant to the resolution of the Allotment Committee of Board of Directors of Bajaj Finance Ltd passed in its meeting held on March 29, 2012, the Company has allotted 46,90,000 equity shares to the promoter, Bajaj Finserv Ltd on conversion of warrants issued to it.

The Bajaj Finance Ltd stock was trading at Rs.795, down by Rs.2.25 or 0.28%. The stock hit an intraday high of Rs.825 and low of Rs.784.25.

The total traded quantity was 452 compared to 2 week average of 2502.

Source : Equity Bulls

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