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Vakrangee allots equity shares

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Capital Market
Last Updated : Nov 11 2016 | 12:01 AM IST

Under ESOP

Vakrangee announced that the Nomination and Remuneration and Compensation Committee of the Board of Directors of the Company at its meeting held on 09 November 09, 2016 has approved and allotted 36250 numbers of Equity Shares having Face Value of Re. 1/- each to the employees of the Company (the Allottees) pursuant to exercise of options under the company's Employee Stock Option (ESOP) Scheme which may please be noted.

Post allotment of 36250 shares of face value of Re. 1/- each, the Company's issued and paid-up share capital stands increased to 529232420 Equity Shares of face value of Re. 1/- each aggregating to Rs. 52,92,32,420/-.

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First Published: Nov 10 2016 | 1:14 PM IST

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