Business Standard

Orbit Exports allots equity shares

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Capital Market

Under ESOP

Orbit Exports announced that the Nomination & Remuneration Committee in its Meeting held on 02 April 2016 at 10:30 A.M., has allotted 9,000 equity shares of Face Value of Rs. 10/- each to the employees of the Company pursuant to exercise of options under its OEL Employees Stock Option Plan - 2013.

The paid up share capital of the Company will accordingly increase from Rs. 14,34,21,500/- to Rs. 14,35,11,500/-. The new shares rank pari passu in all respects with the existing capital.

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First Published: Apr 02 2016 | 12:46 PM IST

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