IDFC allots 590991 Shares under ESOS

Infrastructure Development Finance Company Ltd (IDFC) has announced that the Committee of Directors at its meeting held on October 23, 2009, allotted 5,90,991 fully paid up equity shares of Rs. 10/- each to employees of the Company in terms of the Employee Stock Option Scheme (ESOS).

The stock closed the day at Rs.160.65, up by Rs.4.35 or 2.78%. The stock hit an intraday high of Rs.161.40 and low of Rs.157.15.

The total traded quantity was 2906161 compared to 2 week average of 2569502.

Source : Equity Bulls

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