GRASIM INDUSTRIES LTD. - Allotment of Equity Shares under Employee Stock Option Scheme, 2006

Grasim Industries Ltd has informed BSE that the Stakeholders Relationship Committee of the Board of Directors of the Company has approved allotment of 5,844 Equity Shares of Rs. 10/- each of the Company upon exercise of stock options under the Companys Employee Stock Option Scheme, 2006.<br/><br/>These shares shall rank pari passu with the existing equity shares of Company in all respects and shall be subject to the provisions of Memorandum and Articles of Association of the Company.<br/><br/>Consequent to the above allotment, the equity share capital of the Company stands increased to 9,18,34,338 equity shares of Rs. 10/- each aggregating to Rs. 91,83,43,380/-.