Indusind Bank allots 3200 Shares under ESOS

Indusind Bank Ltd has allotted 3,200 (Three Thousand Two Hundred) equity shares of Rs. 10/- (Rupees Ten Only) each on May 12, 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.253.90, up by Rs.7.05 or 2.86%. The total traded quantity was 0.37 lakhs compared to 2 week average of 0.90 lakhs.

The stock hit an intraday high of Rs.254.25 and low of Rs.241.75.

Source : Equity Bulls

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