Apollo Hospitals to consider allotment of 1140992 shares to IFC

Apollo Hospitals Enterprise Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 09, 2010 to consider allotment of 1,140,992 equity shares to the International Finance Corporation, Washington DC at a price of Rs. 302.50 per equity share of Rs. 5/- each upon part conversion of FCCB loan amount of USD 7.5 million.

The stock was trading at Rs.505.05, down by Rs.2.15 or 0.42%. The stock hit an intraday high of Rs.519.50 and low of Rs.504.

The total traded quantity was 10080 compared to 2 week average of 7329.

Source : Equity Bulls

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