DABUR INDIA LTD. - Allotment of Shares and Grant of Stock Options
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| 20 Nov 2014 | |
| Dabur India Ltd has informed BSE that the Nomination and Remuneration Committee of the Company by passing a resolution by circulation has resolved as under:<br/><br/>1. Allotted 1,50,676 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.<br/><br/>With this allotment, the paid up share capital of the Company increased to Rs. 175,65,11,990/- divided into 175,65,11,990 equity shares of face value of Rs. 1/- each.<br/><br/>2. Granted 44,000 fresh Stock Options under Dabur Employees Stock Option Scheme 2000 to the eligible employees of the Company with the following terms and conditions:-<br/><br/>a. The above options have vesting period of 1 to 4 years.<br/><br/>b. The said options shall be exercisable within a period of 3 years after vesting of the same.<br/><br/>c. The said options carry the right to apply for equivalent number of equity shares of the Company.<br/><br/>3. Cancelled 52,800 stock options granted earlier under the scheme. | |
| View all announcements for DABUR INDIA LTD. | Source: BSE India |
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