Muthoot Finance allots 30393 shares

The Nomination and Remuneration Committee of Board of Directors of Muthoot Finance Limited at their meeting held at Registered Office of the Company on August 07, 2017 has allotted 30,393 equity shares of face value of Rs. 10/- each under Muthoot ESOP 2013. Post allotment the paid up Capital of the Company is increased from Rs. 3,99,53,62,960 consisting of 39,95,36,296 equity shares to Rs. 3,99,56,66,890 consisting of 39,95,66,689 equity shares.

The Committee has granted (fifth tranche of 'Muthoot ESOP 2013') 1,150 options @ Rs. 10/- per option and 5,91,100 options @ Rs. 50/- per option as per the list of Employees as placed before the Committee.

Shares of MUTHOOT FINANCE LTD. was last trading in BSE at Rs.476.75 as compared to the previous close of Rs. 461.8. The total number of shares traded during the day was 68337 in over 1139 trades.

The stock hit an intraday high of Rs. 477.9 and intraday low of 461.6. The net turnover during the day was Rs. 32237013.

Source : Equity Bulls

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