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ASHOK LEYLAND LTD. - Allotment
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01 Nov 2017
This is to inform you that the Nomination and Remuneration Committee (&apos;the Committee&apos;) of the Company has approved by way of Circular Resolution passed on November 1, 2017, the allotment of 569,175 shares to Mr. Vinod K Dasari, Chief Executive Officer and Managing Director upon exercise of stock options granted under Ashok Leyland Employees Stock Option Plan 2016.&lt;BR&gt; &lt;BR&gt; Upon allotment, the paid-up equity share capital of the Company stand increased from Rs.2926,534,926/- divided into 2926,534,926 equity shares of Re.1/- each to Rs.2927,104,101 divided into 2927,104,101 equity shares of Re.1/- each. &lt;BR&gt; &lt;BR&gt; The details as required to be furnished under Securities Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 (&apos;SEBI SBEB Regulations&apos;) are enclosed. &lt;BR&gt; &lt;BR&gt; We request you to kindly take the above information on record.&lt;BR&gt;
View all announcements for ASHOK LEYLAND LTD. Source: BSE India