City Union Bank Ltd allots 28,73,602 shares under Employee Stock Options

Pursuant to exercise of options by the eligible employees under City Union Bank Employees Stock Option Scheme 2008, the Remuneration and Compensation Committee of the Board of Directors of City Union Bank Ltd at its meeting held on December 22, 2016, considered and allotted 28,73,602 equity shares in the following manner at a face value of Re. 1/- each.

Shares of CITY UNION BANK LTD. was last trading in BSE at Rs.129.5 as compared to the previous close of Rs. 129.5. The total number of shares traded during the day was 17639 in over 125 trades.

The stock hit an intraday high of Rs. 130.8 and intraday low of 129.45. The net turnover during the day was Rs. 2291690.

Source : Equity Bulls

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