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Kaveri Seed Company allots equity shares

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Capital Market
Last Updated : Apr 10 2014 | 12:01 AM IST

Under ESOS

Kaveri Seed Company announced that the Compensation Committee of Board of Directors at the meeting held on 09 April 2014, have made allotment of 1,53,990 equity shares of Rs 2 each to the employees of the Company at a premium of Rs 32 per share under Employee Stock Option Scheme 2009 of the Company.

Consequent to the said allotment, the paid-up share capital of the Company has increased from 6,87,42,205 equity shares of Rs 2 each to 6,88,96,195 equity shares of Rs 2 each.

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First Published: Apr 09 2014 | 3:36 PM IST

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