RBL Bank Ltd approves allotment of 700722 shares pursuant to exercise of stock options

RBL Bank Ltd has allotted 700,722 (Seven Lac Seven Hundred & Twenty Two) equity shares of face value Rs. 10 each on January 20, 2017 under the ESOP Schemes of the Bank.

Consequent to the above allotment, the paid up share capital of the Bank has increased from 373,134,993 equity shares of Rs. 10 each aggregating Rs. 3,731,349,930 to 373,835,715 equity shares of Rs. 10 each aggregating Rs. 3,738,357,150.

Shares of RBL Bank Ltd. was last trading in BSE at Rs.368.35 as compared to the previous close of Rs. 377.85. The total number of shares traded during the day was 313046 and the deliverable quantity was 89879.

The stock hit an intraday high of Rs. 385 and intraday low of 366.05.

Source : Equity Bulls

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