Dewan Housing Finance Corporation allots 63850 Equity Shares under ESOS

The Committee of the Board of Directors of Dewan Housing Finance Corporation Ltd at its meeting held on June 14, 2011, has allotted 63,850 (Sixty three Thousand Eight Hundred and fifty) fully paid up equity shares of Rs. 10/- each to employees of the Company in terms of the Employee Stock Option Schemes (ESOS).

The said equity shares rank pari-passu in all respects with the existing equity shares of the Company.

As a result of exercise of option and the consequent allotment of the equity shares paid up share capital of the Company stands increased from the present share capital of Rs. 104,65,90,840/- divided into 10,46,59,084 equity shares of face value of Rs. 10/- each to Rs. 104,72,29,340/- divided into 10,47,22,934 equity share of face value of Rs. 10/- each.

The stock closed the day at Rs.221.65, down by Rs.0.60 or 0.27%. The stock hit an intraday high of Rs.227 and low of Rs.221.35.

The total traded quantity was 0.25 lakhs compared to 2 week average of 0.25 lakhs.

Source : Equity Bulls

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