SKS Microfinance allots 40434 Equity Shares

SKS Microfinance Ltd has announced that the Company has allotted 40,434 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 closed the day at Rs.658.15, up by Rs.6.55 or 1.01%. The stock hit an intraday high of Rs.670 and low of Rs.638.30.

The total traded quantity was 1.63 lakhs compared to 2 week average of 0.83 lakhs.

Source : Equity Bulls

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