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| Exchange Received Time 13/09/2017 18:08:20 Exchange Disseminated Time 13/09/2017 18:08:24 Time Taken 00:00:04 | Dear Sir/Madam,
With reference to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para B of Part A of Schedule III of the said Regulations, please note that the Compensation Committee has, in its meeting held on 12/09/2017, approved the further allotment of 41,475 equity shares of Rs. 10/- each fully paid up of the company under the 'Orient Bell Employees Stock Option Scheme, 2013' ('ESOP Scheme') to the employees upon exercising of equal number of options granted and vested with them under the said scheme.
Consequent to the aforesaid allotment, subject to the necessary approvals of statutory bodies the paid up equity share capital of the Company will stand increase to Rs. 14,23,10,760 divided into 1,42,31,076 equity shares of Rs. 10/- each.
Kindly take it on record.
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