BS Ltd has informed BSE that the Company has allotted, on December 30, 2015 9,900 Equity Shares (including 4,950 Bonus Equity Shares) of Re. 1/- each to the grantees, upon exercise of 495 Options @ Rs. 109.95 per Share of Rs. 10/- each under the Employees Stock Option Plan 2011 ("ESOP 2011") of the Company. The said shares shall rank pari-passu with the existing Equity Shares of the Company in all respects.<BR><BR>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.
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