Indiabulls Ventures Limited allots 17,58,600 shares

On June 20, 2017, Indiabulls Ventures Limited ('the Company'), has issued and allotted 17,58,600 (Seventeen Lacs Fifty Eight Thousand Six Hundred) Equity shares of face value Rs. 2/- each, to eligible employees upon exercise of options vested in their favour under - 'Indiabulls Ventures Limited Employees Stock Option Scheme - 2008' and 'Indiabulls Ventures Limited Employees Stock Option Scheme - 2009'.

Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased to Rs. 88,47,82,004/- divided into 44,23,91,002 Equity shares of face value Rs. 2/- each.

Shares of INDIABULLS Ventures LTD. was last trading in BSE at Rs.177.5 as compared to the previous close of Rs. 166.85. The total number of shares traded during the day was 960084 in over 8648 trades.

The stock hit an intraday high of Rs. 179.2 and intraday low of 165.7. The net turnover during the day was Rs. 167160046.

Source : Equity Bulls

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