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FUTURE RETAIL LTD. - Allotment of Equity Shares and Grant of Options


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13 Nov 2014
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).

Source: BSE India

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