Dewan Housing Finance Corporation Ltd Grants 50000 Stock Options

The Nomination & Remuneration Committee of the Board of Directors of Dewan Housing Finance Corporation Ltd on January 20, 2016, considered and approved the grant of 2,00,000 stock options to the eligible employees of the Company (including grant of 50,000 stock options to the Chief Financial Officer of the Company) under Dewan Housing Finance Corporation Limited-Employee Stock Options Scheme - Plan III ("DHFL ESOP - Plan -III").

The vesting of the Employee Stock Options as granted pursuant to the DHFL ESOP- Plan - Ill shall be after a period of one year from the date of the said grant.

Shares of DEWAN HOUSING FINANCE CORPORATION LTD. was last trading in BSE at Rs.183.3 as compared to the previous close of Rs. 192.8. The total number of shares traded during the day was 240159 in over 6504 trades.

The stock hit an intraday high of Rs. 191.4 and intraday low of 179.65. The net turnover during the day was Rs. 44212581.

Source : Equity Bulls

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