Cholamandalam Investment and Finance Company Ltd allots 6757 shares

The Nomination and Remuneration Committee of Cholamandalam Investment and Finance Company Ltd has approved an allotment of 6,757 equity shares of Rs.10/- each to the option grantees who have exercised their options.

The Company will be applying for the final listing of the above shares on NSE and BSE to complete the rest of the issue formalities.

Shares of Cholamandalam Investment and Finance Company Ltd was last trading in BSE at Rs.1478 as compared to the previous close of Rs. 1574.2. The total number of shares traded during the day was 15715 in over 943 trades.

The stock hit an intraday high of Rs. 1570 and intraday low of 1463. The net turnover during the day was Rs. 23460426.

Source : Equity Bulls

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