BS LTD. - Allotment of Equity Shares

BS Ltd has informed BSE that the Company has allotted, on November 02, 2015, 50,420 Equity Shares (including 25,210 Bonus Equity Shares) of Re.1/- each to the grantees, upon exercise of 2,521 Options @ Rs. 109.95 per Share of Rs. 10/- each under the Employees Stock Option Plan 2011 ("ESOP 2011) of the Company. The said shares shall rank pari-passu with the existing Equity Shares of the Company in all respects.<BR><BR>The Company, pursuant to the approval of the Shareholders dated January 10, 2014, has sub divided the Face Value of the Shares of the Company from Rs. 10/- each into Re. 1/- each with effect from January 22, 2014. Accordingly, the Option holders, upon exercise of each Option of Rs. 10/-, are issued and allotted 10 (Ten) Equity Shares of Re. 1/- each of the Company.