GODREJ INDUSTRIES LTD. - Updates
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| 09 Apr 2014 | |
| Godrej Industries Ltd has informed BSE that the Compensation Committee of the Board of Directors of the Company, has noted / approved the following;<br/><br/>1. Lapse of 8,893 options under Godrej Industries Limited Employee Stock Grant Scheme, 2011.<br/><br/>2. Lapse of 55,000 options under Godrej Industries Limited - Employee Stock Option Plan I.<br/><br/>3. Exercise of 51,000 options under the Godrej Industries Limited - Employee Stock Option Plan I and 27,500 options under the Godrej Industries Limited - Employee Stock Option Plan II. The total number of options exercised under the GIL ESOP I and GIL ESOP II is 33,17,000 options and 8,02,500 options respectively, equivalent of an aggregate of 41,19,500 equity shares of Re. 1/- each.<br/><br/>Further, the Company inform that since the options granted under the GIL ESOP I and II is administered through GIL ESOP Trust (Trust), whereby, shares are purchased by the Trust from the open market based on the options granted by the Compensation Committee of the Board of Directors, there is no change in the issued, subscribed or paid-up capital of the Company on account of exercise of the options. | |
| View all announcements for GODREJ INDUSTRIES LTD. | Source: BSE India |
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