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Indiabulls Real Estate allots equity shares

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Indiabulls Real Estate announced that on 20 November 2014, Indiabulls Real Estate (the Company), has issued and allotted 1,05,000 (One Lac Five Thousand) Equity shares of face value Rs. 2/- each, to eligible employees upon exercise of options vested in their favour under 'Indiabulls Real Estate - Employees Stock Option Scheme 2006'.

Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 84,97,45,478/- divided into 42,48,72,739 Equity shares of face value Rs. 2/- each to Rs. 84,99,55,478/- divided into 42,49,77,739 Equity shares of face value Rs. 2/- each.

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First Published: Nov 20 2014 | 6:20 PM IST

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