India Infoline allots 91500 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 April 06, 2010, allotted 91,500 equity shares to the eligible employees upon exercise a stock option under Employee Stock Option Scheme 2005, 2007 and 2008.

Upon allotment, the equity base of the Company stand increased from 28,52,14,775 to 28,53,06,275 equity shares of Rs. 2/- each.

The stock closed the day at Rs.121.60, up by Rs.0.35 or 0.29%. The stock hit an intraday high of Rs.122.90 and low of Rs.119.80.

The total traded quantity was 225254 compared to 2 week average of 175082.

Source : Equity Bulls

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