Karnataka Bank allots 142050 Shares under ESOS

Karnataka Bank Ltd has announced that the Board of Directors of the Bank at its meeting held on September 25, 2010, has allotted 142050 equity shares of Rs. 10 each to the employees pursuant to the exercise of stock options vested in them under ESOS of the Bank.

The stock was trading at Rs.174.50, down by Rs.1.20 or 0.68%. The stock hit an intraday high of Rs.176 and low of Rs.174.50.

The total traded quantity was 0.29 lakhs compared to 2 week average of 1.86 lakhs.

Source : Equity Bulls

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