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DABUR INDIA LTD. - Allotment of shares & Grant of Stock options to employees of the Company<BR>
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21 Sep 2015
Dabur India Ltd has informed BSE that the Nomination and Remuneration Committee of the Company in its meeting held on September 21, 2015 has resolved as under:-&lt;BR&gt;&lt;BR&gt;1. Allotted 20,51,750 equity shares of face value of Rs. 1/- each to eligible employees of the Company who exercised their stock options under the Dabur Employee Stock Option Scheme, 2000. These shares rank pari pasu with the existing equity shares of the Company, in all respects.&lt;BR&gt;&lt;BR&gt;With this allotment, the paid up share capital of the Company increased to Rs. 175,91,41,170/- divided into 175,91,41,170 equity shares of face value of Rs. 1/- each.&lt;BR&gt;&lt;BR&gt;2. Granted 10,800 fresh Stock Options under Dabur Employees Stock Option Scheme 2000 to the eligible employees of the Company/its subsidiaries with the following terms &amp; conditions:-&lt;BR&gt;&lt;BR&gt;a. The above options have vesting period of 1 to 3 years.&lt;BR&gt;&lt;BR&gt;b. The said options shall be exercisable within a period of 3 years after vesting of the same.&lt;BR&gt;&lt;BR&gt;c. The said options carry the right to apply for equivalent number of equity shares of the Company.
View all announcements for DABUR INDIA LTD. Source: BSE India