Dewan Housing Finance allots 122808 equity shares

Dewan Housing Finance Corporation Ltd has announced that Committee of Directors at its meeting held on August 09, 2010, has allotted 1,22,808 (One Lakh Twenty Two Thousand Eight Hundred and Eight) 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 equity shares paid up share capital of the Company stands increased from the present Rs. 104,00,51,670/- divided into 10,40,05,167 Equity Shares of face value of Rs. 10/- each to Rs. 104,12,79,750/- divided into 10,41,27,975 equity shares of face value of Rs. 10/- each.

The stock closed the day at Rs.273.45, down by Rs.6.55 or 2.34%. The stock hit an intraday high of Rs.281 and low of Rs.270.25.

The total traded quantity was 14784 compared to 2 week average of 83264.

Source : Equity Bulls

Keywords