Dewan Housing Finance Corporation allots 37730 Equity Shares

Dewan Housing Finance Corporation Ltd has announced that the Committee of Directors of the Company at its meeting held on May 03, 2010, have allotted 37,730 fully paid up equity shares of Rs. 10/- each to employees of the Company in terms of the Employee Stock Option Scheme (ESOS).

The said equity shares rank pari-passu in all respects with the existing equity shares of the Company.

As a result of exercise of options and the consequent allotment of the shares paid up share capital of the Company stands increased from the present Rs. 82,02,65,440/- divided into 8,20,26,544 Equity Shares of face value of Rs. 10/- each to Rs. 82,06,42,740/- divided into 8,20,64,274 equity shares of face value of Rs. 10/- each.

The stock closed the day at Rs.235.90, up by Rs.0.40 or 0.17%. The stock hit an intraday high of Rs.237.50 and low of Rs.232.15.

The total traded quantity was 17981 compared to 2 week average of 77447.

Source : Equity Bulls

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