IDFC Ltd grants 750000 Stock Options under ESOS

On July 26, 2016, pursuant to IDFC Employee Stock Option Scheme 2016 (ESOS), IDFC Ltd has granted to its employees 7,50,000 options equivalent to 7,50,000 equity shares at a price of Rs. 53.90 per equity share. These options shall vest over a maximum period of 5 years and shall be exercisable within a maximum period of 4 years from the date of vesting.

Shares of IDFC LIMITED was last trading in BSE at Rs.56.25 as compared to the previous close of Rs. 56.8. The total number of shares traded during the day was 494632 in over 1356 trades.

The stock hit an intraday high of Rs. 57.3 and intraday low of 55.1. The net turnover during the day was Rs. 27754417.

Source : Equity Bulls

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