Indusind Bank allots 51340 Shares

Indusind Bank Ltd has announced that the Bank has allotted 51,340 (Fifty One Thousand Three Hundred Forty) equity shares of Rs. 10/- (Rupees Ten Only) each on April 29, 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 was trading at Rs.188, up by Rs.1.50 or 0.80%. The stock hit an intraday high of Rs.189.85 and low of Rs.187.05.

The total traded quantity was 40799 compared to 2 week average of 372300.

Source : Equity Bulls

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