Dewan Housing Finance Corporation Ltd said that it has allotted 61,678 equity shares pursuant to exercise of stock options granted under the DHFL Employee Stock Option Schemes -2009-Plan-II.
"The Board of Directors of the Company at its meeting held on August 20, 2015, allotted 61,678 fully paid up equity shares of Rs. 10/- each, pursuant to exercise of stock options granted to the eligible employees of the Company under the DHFL Employee Stock Option Schemes -2009-Plan-II," the company said in a filing to the Bombay Stock Exchange.
The said equity shares rank pari-passu in all respects with the existing equity shares of the Company.
Consequent to the allotment, the paid-up equity share capital of the Company stands increased from Rs 145,79,48,520 into 14,57,94,852 equity shares of face value of Rs. 10/-each to Rs. 145,85,65,300 divided into 14,58,56,530 equity shares.
Meanwhile, shares of the company were trading at Rs 481.90 a piece, down 1.58 per cent from the previous close at 9:49 hours on BSE.