Vishal Information Technologies allots 188660 shares under ESOS

Vishal Information Technologies Ltd has announced that the Board of Directors of the Company at its meeting held on June 11, 2010, allotted 1,88,660 Equity Shares of Re. 1/- each, to employees who have exercised their Employees Stock Option, which were granted to them on June 12, 2008 under Employees Stock Option Scheme 2008 ('ESOS 2008') at an exercise price of Rs. 5/- each.

The stock was trading at Rs.8.79, up by Rs.0.11 or 1.27%. The stock hit an intraday high of Rs.8.87 and low of Rs.8.45.

The total traded quantity was 80019 compared to 2 week average of 94799.

Source : Equity Bulls

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