Indiabulls Real Estate Ltd allots 23,06,212 shares

Indiabulls Real Estate Limited ('the Company'), has issued and allotted 23,06,212 (Twenty Three Lac Six Thousand Two Hundred and Twelve only) fully paid-up Equity shares of face value Rs. 2/- each, to eligible employees upon exercise of options vested in their favour under 'Indiabulls Real Estate Limited - Employees Stock Option Scheme 2010'.

Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 90,47,15,328/- divided into 45,23,57,664 Equity shares of face value Rs.2/- each, to Rs. 90,93,27,752/- divided into 45,46,63,876 Equity shares of face value Rs.2/- each.

Shares of INDIABULLS REAL ESTATE LTD. was last trading in BSE at Rs.113.7 as compared to the previous close of Rs. 115.6. The total number of shares traded during the day was 2528579 in over 5792 trades.

The stock hit an intraday high of Rs. 117.85 and intraday low of 112.95. The net turnover during the day was Rs. 291848261.

Source : Equity Bulls

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