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BS LTD. - Revised Allotment of Equity Shares
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27 Apr 2015
With reference to the earlier announcement dated April 24, 2015, regarding Allotment of Equity Shares. BS Ltd has now informed BSE that the number of Options in the first paragraph, was erroneously mentioned as &quot;2,500&quot; instead of &quot;3,000&quot;.&lt;BR&gt;&lt;BR&gt;In this regards, the Company has informed BSE that the Company on April 24, 2015, has allotted 60,000 Equity Shares (including 30,000 Bonus Equity Shares) of Re. 1/- each to the grantees, upon exercise of 3,000 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