IDFC allots 3941621 shares under ESOS

Infrastructure Development Finance Company Ltd (IDFC) has announced that the Committee of Directors for allotment at its meeting held on March 24, 2010, has allotted 39,41,621 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 was trading at Rs.159.35, up by Rs.0.95 or 0.60%. The stock hit an intraday high of Rs.160.70 and low of Rs.158.

The total traded quantity was 330825 compared to 2 week average of 783473.

Source : Equity Bulls

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