UTI Bank Allots equity shares under ESOP

UTI Bank Ltd has announced that the Committee of Directors (CoD) of the Bank on April 18, 2007 has made the allotment of 39,185 equity shares of Rs 10/- each to the employees of the Bank, under ESOP.

The paid up share capital of the Bank will accordingly get increased to 28,16,69,972 equity shares from 28,16,30,787 equity shares.

The stock was trading at Rs.473.95, up by Rs.8.15 or 1.75%. The stock hit an intraday high of Rs.476.70 and low of Rs.468. The total traded quantity was 471087 compared to 2 week average of 213475.

Source : Equity Bulls

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