Future Retail Ltd has informed BSE that Nomination and Remuneration Committee of the Board of Directors of the Company, vide resolution passed by circulation on November 12, 2014, has approved:<br/><br/>1. Issue and Allotment of 19,823 Equity Shares of Rs. 2/- each at a exercise price of Rs. 10/- per share aggregating to Rs. 1,98,230/- upon exercise of right to convert options to Equity Shares of the Company by the option holders under the terms and conditions of ESOS-2012.<br/><br/>2. Grant of options to eligible employees under Employees Stock Option Scheme 2012 (ESQS-2012).
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