Kotak Mahindra Bank Ltd allots 1:1 bonus shares

At the meeting of the Bonus Allotment Committee of Kotak Mahindra Bank Ltd held on July 10, 2015, the Committee has allotted 912841920 equity shares of Rs. 5/- each, in the ratio 1:1 i.e. one additional share for every one equity share held as on Record Date July 09, 2015.

Shares of KOTAK MAHINDRA BANK LTD. was last trading in BSE at Rs.709.7 as compared to the previous close of Rs. 705.75. The total number of shares traded during the day was 806166 in over 3457 trades.

The stock hit an intraday high of Rs. 712.95 and intraday low of 697.25. The net turnover during the day was Rs. 568024411.

Source : Equity Bulls

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