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| Exchange Disseminated Time 13/02/2017 15:54:22 | Grasim Industries Ltd has informed BSE that the Stakeholders' Relationship Committee of the Board of Directors of the Company has approved allotment of 7,685 Equity shares of Rs. 2 each of the Company upon exercise of stock options and restricted stock units under the Company's Employee Stock Option Scheme, 2006 and Employee Stock Option Scheme, 2013.
These shares shall rank pari passu with the existing equity shares of the Company in all respects and shall be subject to the provisions of the Memorandum and Articles of Association of the Company.
Consequent to the above allotment, the equity share capital of the Company stands increased to 46,68,09,205 equity shares of Rs. 2 each aggregating to Rs. 93,36,18,410. |
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