Apollo Hospitals allots 1549157 equity shares

Apollo Hospitals Enterprise Ltd has announced that the Committee of Board of Directors at its meeting held on April 18, 2009 approved the allotment of 1,549,157 equity shares of face value of Rs 10/- each at a price of Rs 497.69 per share to Dr. Prathap C Reddy, promoter of the Company.

Consequent to the above allotment, the paid up share capital of the Company has been increased to Rs 617,848,590/- (consisting of 61,784,859 equity shares of Rs 10/- each) from Rs 602,357,020/- (consisting of 60,235,702 equity shares of Rs 10/- each).

The stock closed on Friday at Rs.396, down by Rs.0.20 or 0.05%. The stock hit an intraday high of Rs.402.50 and low of Rs.392.55.

The total traded quantity was 1015 compared to 2 week average of 5186.

Source : Equity Bulls

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