Future Capital Holdings allots 146000 Equity Shares

Future Capital Holdings Ltd has announced that the Compensation and Nomination Committee constituted by the Board of Directors of the Company vide resolution passed by it dated November 22, 2010, has Allotted 1,46,000 equity shares of Rs. 10/- each fully paid up at an exercise price of Rs. 178/- to the option holders upon exercise of stock options granted pursuant to the FCH ESOS - 2007.

With the allotment of the above equity shares, the equity base of the Company sands increased from present level of 6,46,37,464 (Nos.) to 6,47,83,484 (Nos.) equity shares of Rs. 10/- each.

The stock was trading at Rs.223, down by Rs.5.40 or 2.36%. The stock hit an intraday high of Rs.230 and low of Rs.217.

The total traded quantity was 0.31 lakhs compared to 2 week average of 0.16 lakhs.

Source : Equity Bulls

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