Indusind Bank allots 267830 Shares

Indusind Bank Ltd has announced that the Bank has allotted 2,67,830 (Two lacs Sixty Seven Thousand Eight Hundred Thirty) equity shares of Rs. 10/- (Rupees Ten Only) each on April 16, 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 respects.

The stock closed the day at Rs.182.20, up by Rs.6.10 or 3.46%. The stock hit an intraday high of Rs.184.20 and low of Rs.165.

The total traded quantity was 606002 compared to 2 week average of 374173.

Source : Equity Bulls

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