City Union Bank Ltd allots 1623479 Equity Shares

Pursuant to exercise of options by the eligible employees under City Union Bank Employees Stock Option Scheme 2008, the Remuneration and Compensation Committee of the Board at its meeting held on August 12, 2015, considered and allotted 16,23,479 equity shares in the manner at a face value of Re. 1/- each.

Shares of CITY UNION BANK LTD. was last trading in BSE at Rs.97.3 as compared to the previous close of Rs. 99.6. The total number of shares traded during the day was 33071 in over 342 trades.

The stock hit an intraday high of Rs. 98.9 and intraday low of 96.6. The net turnover during the day was Rs. 3220041.

Source : Equity Bulls

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