Tata Teleservices Maharashtra allots 6350 Equity Shares

Tata Teleservices Maharashtra Ltd has announced that the Board of Directors of the Company has passed a circular resolution dated May 14, 2009 approving the issue and allotment of 6,350 Equity Shares of Rs 10/- each for cash at par under the Company's Employees Stock Option Plan. The deemed date of allotment for the equity shares allotted is May 15, 2009.

The stock was trading at Rs.29.95, up by Rs.1.10 or 3.81%. The stock hit an intraday high of Rs.30.40 and low of Rs.28.40.

The total traded quantity was 1227937 compared to 2 week average of 1095577.

Source : Equity Bulls

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