HSBC InvestDirect allots 562000 Equity Shares

HSBC InvestDirect (India) Ltd has announced that the Committee of Directors of the Company vide resolution passed on September 30, 2009 has allotted 562,000 Equity Shares of the face value of Rs. 10/- each [total consideration Rs. 180/- per share, including premium of Rs. 170/- per share] upon exercise of option granted under the Employees Stock Option Scheme, 2006 (ESOP-2006).

The stock was trading at Rs.270, down by Rs.2.95 or 1.08%. The stock hit an intraday high of Rs.271 and low of Rs.269.50.

The total traded quantity was 1387 compared to 2 week average of 2415.

Source : Equity Bulls

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