SKS Microfinance allots 16392 Shares

SKS Microfinance Ltd has allotted 16,392 equity shares of Rs.10/- each to those grantees, who have exercised their options under the SKS Microfinance Employees Stock Option Plan, 2009 and SKS Microfinance Stock Option Plan - 2008 (Independent Directors). 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.360.35, up by Rs.32.75 or 10%. The stock hit an intraday high of Rs.360.35 and low of Rs.330.

The total traded quantity was 8.55 lakhs compared to 2 week average of 8.56 lakhs.

Source : Equity Bulls

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