Karur Vysya Bank allots 508204 equity shares

The Board of Directors of Karur Vysya Bank Ltd at its meeting held on June 25, 2011, has allotted 5,08,204 equity shares of Rs. 10/- each pursuant to exercise of options by the eligible employees under Karur Vysya Bank Employees Stock Option Scheme 2008 (KVBESOS 2008) Tranche - II.

The stock was trading at Rs.403.50, up by Rs.3.10 or 0.77%. The stock hit an intraday high of Rs.404.95 and low of Rs.401.

The total traded quantity was 893 compared to 2 week average of 3019.

Source : Equity Bulls

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