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BS LTD. - Allotment of Equity Shares
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09 Sep 2014
BS Ltd has informed BSE that, on September 09, 2014, the Company has allotted 80,080 Equity Shares (i.e., 40,040 Equity Shares + 40,040 Bonus Equity Shares) of Re. 1/- each to the grantees&apos; upon exercise of 4,004 Options @ Rs. 109.95 per Share of Rs. 10/- each under the Employees Stock Option Plan 2011 (&quot;ESOP 2011&quot;) of the Company. The said shares shall rank pari-passu with the existing Equity Shares of the Company in all respects.&lt;br/&gt;&lt;br/&gt;The Company, pursuant to the approval of the Shareholders dated January 10, 2014 has sub divided the Face Value of the Shares of the Company from Rs. 10/- each into Re. 1/- each with effect from January 22, 2014. Accordingly, the Option holders, upon exercise of each Option of Rs. 10/- are issued and allotted 10 (Ten) Equity Shares of Re. 1/- each of the Company.
View all announcements for BS LTD. Source: BSE India