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Nila Infrastructures allots 4.24 lakh shares

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Capital Market
Last Updated : Jan 18 2017 | 12:01 AM IST

Under ESOP

Nila Infrastructures announced that the Compensation Committee of the ESOP scheme of the Company "Nila Infrastructures Ltd. ESOP. - 2014" has, on January 16, 2017 made allotment of 424000 equity shares of Re. 1/- each at an exercise price of Rs. 6.64/- per share to the employees of the Company consequent upon exercise of stock options.

The issued, subscribed and paid up equity share capital of the Company is therefore now increased to Rs. 39,33,92,700 comprising of 393392700 equity shares of Re. 1/- each.

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First Published: Jan 17 2017 | 9:11 AM IST

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