This is to inform you that the Nomination & Remuneration Committee of the Company at its meeting held today has allotted 4,434 equity shares of face value of INR 2/- each to the eligible employees of the Company who have exercised their stock options under the following Plans framed under Employee's Incentive Scheme 2014:
Name of the Plan No. of shares allotted
Employee Stock Option Plan, 2016 1,398
Restricted Stock Units Plan, 2016 3,036
Total 4,434
These shares rank pari passu with the existing equity shares of the Company in all respects. With this allotment, the paid up share capital of the Company has increased to INR 39,94,22,910 divided into 19,97,11,455 equity shares of face value of INR 2/- each.
Kindly take the same on record.