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Shriram City Union Finance allots equity shares

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Capital Market

Under ESOP

Shriram City Union Finance announced that the Banking and Securities Management Committee as empowered by the board of directors in its meeting held on 16 November 2016 allotted 200 (neglible % of paid up equity share capital) Equity Shares of Rs 35 each (including Rs 25 as premium) to two employees of the Company namely Anil Bhupal Mangaj and Parikshit Sureshrao Thakare who exercised their options under ESOP Scheme 2006. As intimated by the said employees, the Company intimate the allotment of shares made under regulation 7(2) under Chapter III of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and other applicable regulations.

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First Published: Nov 16 2016 | 6:18 PM IST

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