Essar Oil Ltd has informed BSE that the Company has on July 28, 2015 allotted 6,07,498 equity shares of face value of Rs. 10/- each to the Essar Oil Employee Stock Option Trust pursuant to the Essar Oil Limited Employees Stock Option Scheme - 2011 against an equal number of Options to enable eligible employees to exercise their Options that have vested at the end of 3rd year from the grant date.<BR><BR>In view of the above the paid-up capital of the Company has been increased to Rs. 14,50,12,43,980 divided into 145,01,24,398 equity shares of Rs. 10/- each.
|