Indusind Bank allots 148400 Shares

Indusind Bank Ltd has announced that the Bank has allotted 148,400 (One Lakh Forty eight Thousand Four Hundred) equity shares of Rs. 10/- (Rupees Ten Only) each on January 22, 2010 to those grantees who had exercised their option under the Bank's Employee Stock Option Scheme.

The said shares will rank pari passu with the existing shares of the Bank in all respect.

The Stock closed the day at Rs.150.80, up by Rs.3.60 or 2.45%. The stock hit an intraday high of Rs.155 and low of Rs.142.10.

The total traded quantity was 338202 compared to 2 week average of 352875.

Source : Equity Bulls

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