Kotak Mahindra Bank Ltd allots 150490 Equity Shares pursuant to exercise of ESOP

The ESOP Allotment Committee of Kotak Mahindra Bank Ltd at its Meeting held on December 26, 2014 has allotted 1,50,490 equity shares of Rs. 5/- each, pursuant to exercise of Employee Stock Options under the series ESOP Scheme Series 2007/26 (3rd Tranche) - 40,871 equity shares, ESOP Scheme Series 2007/30 (4th Tranche) - 24,470 equity share, ESOP Scheme Series 2007/32 (3rd Tranche) - 76,043 equity shares, ESOP Scheme Series 2007/34 (2nd Tranche) - 975 equity shares and ESOP Scheme Series 2007/40 (1st Tranche) - 8,131 equity shares.

Shares of KOTAK MAHINDRA BANK LTD. was last trading in BSE at Rs.1253.35 as compared to the previous close of Rs. 1245.45. The total number of shares traded during the day was 37813 in over 3701 trades.

The stock hit an intraday high of Rs. 1257.9 and intraday low of 1233.7. The net turnover during the day was Rs. 47108371.

Source : Equity Bulls

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