Geojit BNP Paribas Financial Services allots 416055 shares

Geojit BNP Paribas Financial Services Ltd has announced that the Board of Directors of the Company at its meeting held on October 12, 2009, has re-appointed Mr. C. J. George as Managing Director of the Company for a further period of 5 years from November 24, 2009.

The Compensation Committee of the Board of Directors of the Company on October 12, 2009 has allotted 416055 Equity shares of the face value of Re. 1/- each upon exercise of stock options by employees of the Company under Employee Stock Option Plan 2005.

The stock closed the day at Rs.45.70, up by Rs.1.20 or 2.70%. The stock hit an intraday high of Rs.46.30 and low of Rs.45.10.

The total traded quantity was 246085 compared to 2 week average of 199929.

Source : Equity Bulls

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