HDFC allots 239884 Shares

Housing Development Finance Corporation Ltd (HDFC) has announced that the Corporation on October 16, 2009, has allotted 2,39,884 equity shares of Rs. 10 each pursuant to conversion of FCCBs by bondholders and exercise of stock options by employees.

Post the above allotment, the paid-up equity share capital of the Corporation would stand at Rs. 285,24,84,620 consisting 28,52,48,462 equity shares of Rs. 10 each.

The stock closed the day at Rs.2824.55, up by Rs.53.25 or 1.92%. The stock hit an intraday high of Rs.2844 and low of Rs.2780.

The total traded quantity was 69566 compared to 2 week average of 95288.

Source : Equity Bulls

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