Under terms of IBWSL ESOP-2011
Indiabulls Wholesale Services has announced that upon exercise of stock options, vested in terms of IBWSL ESOP-2011, by certain eligible employees, the Compensation Committee of the Board of Directors of the Company has, at its meeting held on 14 March 2014, allotted an aggregate of 33,000 equity shares of face value Rs 2 each to such employees.Consequent to the said allotment, the paid-up equity share capital of the Company stands increased from Rs 10.10 crore divided into 5,05,28,793 equity shares of face value Rs 2 each to Rs 10.11 crore divided into 5,05,61,793 equity shares of face value Rs 2 each.
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