Indiabulls Ventures has allotted 67,56,616 (Sixty Seven Lacs Fifty Six Thousand Six Hundred Sixteen) Fully Paid-up Equity Shares of face value Rs. 2/- each, to eligible employees upon exercise of options vested in their favour under -'Indiabulls Ventures Limited Employees Stock Option Scheme - 2008' and 'Indiabulls Ventures Limited Employees Stock Option Scheme - 2009'.

Consequent to said allotment, the paid-up Equity share capital of the Company stands increased to Rs. 114,83,72,132.80 divided into 52,87,87,506 Fully Paid-up Equity shares of face value Rs. 2/- each and 8,15,66,088 Partly Paid-up Equity Shares (PPS) of face value of Rs.2/- each (Paid-up value Rs.1.10 per PPS) and 13,43,030 Partly Paid-up Equity Shares (PPS) of face value of Rs.2/- each (Paid-up value Re.0.80 per PPS).

Powered by Capital Market - Live News

Indiabulls Ventures Ltd is up for a third straight session today. The stock is quoting at Rs 338.85, up 13.46% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.8% on the day, quoting at 11727. The Sensex is at 39040.78, up 2.93%. Indiabulls Ventures Ltd has gained around 15% in last one month.

Meanwhile, Nifty Financial Services index of which Indiabulls Ventures Ltd is a constituent, has gained around 6.03% in last one month and is currently quoting at 12640.8, up 3.56% on the day. The volume in the stock stood at 29.77 lakh shares today, compared to the daily average of 12.35 lakh shares in last one month.

The PE of the stock is 171.49 based on TTM earnings ending March 19.

Powered by Capital Market - Live News

Indiabulls Ventures has fixed 09 May 2019 as the Record Date for the purpose of Payment of Interim Dividend.

The dividend will be paid on or before 24 May 2019.

Powered by Capital Market - Live News

Indiabulls Ventures announced that the Board of Directors of the Company at its meeting held on 25 April 2019, has recommended a Interim dividend of Rs.1 per share (i.e.50%), subject to the approval of the shareholders.

Powered by Capital Market - Live News