SKS Microfinance Ltd has announced that the Company has allotted 7,700 equity shares of Rs. 10/- each to those grantees, who have exercised their options under the SKS Microfinance Employee Stock Option Plan, 2009. The said shares will rank pari-passu with the existing equity shares of the Company in all respects.
The stock was trading at Rs.714.40, down by Rs.5.80 or 0.81%. The stock hit an intraday high of Rs.734 and low of Rs.710.05.
The total traded quantity was 0.41 lakhs compared to 2 week average of 7.05 lakhs.