Infrastructure Development Finance Company Grants 25000 Stock Options under ESOS

Infrastructure Development Finance Company Ltd has announced that on October 14, 2010, pursuant to IDFC Employee Stock Option Scheme 2007, the Company has granted to its employee 25,000 options equivalent to 25,000 equity shares at a price of Rs. 212.60 per equity share.

The Company has cancelled 1,00,000 options equivalent to 1,00,000 equity shares that were granted at a price of Rs. 193.45 per equity share to an employee on September 20, 2010.

The stock was trading at Rs.207.80, down by Rs.4.70 or 2.21%. The stock hit an intraday high of Rs.215 and low of Rs.207.55.

The total traded quantity was 5.51 lakhs compared to 2 week average of 8.47 lakhs.

Source : Equity Bulls

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