Indusind Bank allots 26800 Equity Shares

Indusind Bank Ltd has announced that the Company has allotted 26,800 (Twenty Six Thousand Eight Hundred) equity shares of Rs. 10/- (Rupees Ten Only) each on February 07, 2011 to those grantees who had exercised their option under the Company's employee Stock Option Scheme.

The said shares will rank pari passu with the existing shares of the Company in all respect.

The stock was trading at Rs.218.65, down by Rs.3.05 or 1.38%. The stock hit an intraday high of Rs.224 and low of Rs.216.

The total traded quantity was 0.30 lakhs compared to 2 week average of 1.87 lakhs.

Source : Equity Bulls

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