Karnataka Bank allots 34300 Shares

Karnataka Bank Ltd has announced that the Board of Directors of the Bank at its meeting held on August 08, 2009, a total of 34300 equity shares have been allotted pursuant to the exercise of vested option by the employees under ESOP scheme of the Bank.

The stock was trading at Rs.134.50, up by Rs.1.30 or 0.98%. The stock hit an intraday high of Rs.138 and low of Rs.132.

The total traded quantity was 7895 compared to 2 week average of 49545.

Source : Equity Bulls

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