Indiabulls Financial Services allots 7500 Equity shares

Indiabulls Financial Services Ltd has announced that upon exercise of stock options vested in terms of Company's Employees Stock Option Scheme namely IBFSL-ICSL Employees Stock Option Plan - 2006 by eligible employee and receipt of full consideration therefor, the Board of Directors of the Company at its meeting held on December 03, 2009, has allotted an aggregate of 7,500 (Seven Thousand and Five Hundred) Equity shares of face value Rs. 2/- each to such employee.

Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 61,97,61,600/- divided into 30,98,80,800 Equity shares of face value Rs. 2/- each to Rs. 61,97,76,600/- divided into 30,98,88,300 Equity shares of face value Rs. 2/- each.

The stock closed the day at Rs.134.75, down by Rs.6.20 or 4.40%. The stock hit an intraday high of Rs.143.15 and low of Rs.133.10.

The total traded quantity was 888345 compared to 2 week average of 574339.

Source : Equity Bulls

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