Religare Enterprises allots 12978 Equity Shares

Religare Enterprises Ltd has announced that the Share Allotment Committee of Board of Directors of the Company, in its meeting held on October 01, 2009, has allotted 12,978 Equity Shares on exercise of stock options under the Employees Stock Option Scheme 2006 (ESOS) of the Company. The paid up Equity Share Capital of the Company post allotment is 76,392,836 Equity Shares of Rs. 10 each aggregating Rs. 763,928,360/-.

The stock was trading at Rs.398, down by Rs.2.35 or 0.59%. The stock hit an intraday high of Rs.403.50 and low of Rs.397.05.

The total traded quantity was 7913 compared to 2 week average of 8215.

Source : Equity Bulls

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