India Infoline allots 743575 Equity Shares upon Exercise of ESOPs

India Infoline Ltd has announced that the Compensation Committee of the Board of Directors of the Company has by a circular resolution on February 15, 2010, allotted 7,43,575 equity shares to the eligible employees upon exercise of stock options under the Employee Stock Option Scheme 2005, 2007 and 2008.

Upon the allotment, the equity base of the Company stand increased from 28,43,90,000 to 28,51,33,575 equity shares of Rs. 2/- each.

The stock was trading at Rs.114.55, up by Rs.0.50 or 0.44%. The stock hit an intraday high of Rs.116.25 and low of Rs.113.50.

The total traded quantity was 91909 compared to 2 week average of 297535.

Source : Equity Bulls

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