UTV Software Communications approves allotment of 10 lakh shares

UTV Software Communications Ltd has announced that the Board of Directors of the Company at its meeting held on October 14, 2010, inter alia, has approved the issuance of 10,00,000 equity shares under the Employees Stock Options Scheme, 2010, subject to the approval of members.

The stock closed the day at Rs.542.50, down by Rs.13.20 or 2.38%. The stock hit an intraday high of Rs.569.20 and low of Rs.530.10.

The total traded quantity was 1.26 lakhs compared to 2 week average of 0.18 lakhs.

Source : Equity Bulls

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