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Ranbaxy Laboratories allots equtiy shares

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Capital Market

To Ranbaxy ESOP Trust

Ranbaxy Laboratories announced that the Allotment Committee of Directors at its meeting held on 25 November 2014, allotted 450,000 Equity Shares of Rs. 5 each for cash at par to Ranbaxy ESOP Trust (Trust), set up to administer Ranbaxy Employee Stock Option Plan - 2011. The Trust would allocate the shares to the employees of the Company and its subsidiaries on exercise of stock options from time to time under Ranbaxy Employee Stock Option Plan - 2011.

The paid-up Equity Share Capital of the Company post allotment is 425,022,900 Equity Shares of Rs. 5 each aggregating Rs. 2,125,114,500/-

 

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First Published: Nov 26 2014 | 10:31 AM IST

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