Business Standard

RIL allots 2.86 lakh shares to employees under ESOS

Image

Press Trust of India Mumbai

Reliance Industries (RIL) today said it has allotted 2.86 lakh shares, currently worth about Rs 30.81 crore, to company workers under its Employees Stock Option Scheme (ESOS).

"The company has allotted 2,86,932 equity shares of Rs 10 each, on January 3, 2011, pursuant to the ESOS," RIL said in a filing to the Bombay Stock Exchange.

Based on today's closing price of Rs 1,073.90, these shares are worth around Rs 30.81 crore.

In November, 2010, Mukesh Ambani-led RIL had announced that it would allot 2.25 lakh shares to its employees. The company had earlier issued 2.18 lakh shares to its employees in October, 2010.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 05 2011 | 9:05 PM IST

Explore News