Intimation regarding Allotment of 1.85 lakh Equity Shares of GHCL Limited against exercise of Employees Stock Options
Pursuant to the requirement of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with other applicable provisions if any intimation be and is hereby given that Nomination and Remuneration Committee of Board of Directors of the Company in their just concluded meeting held in Noida on July 29 2019 has approved Allotment of 1.85 lakhs Equity Shares of Rs. 10 each to thirty four employees (including Company Secretary) of the Company against exercise of Employees Stock Options pursuant to GHCL ESOS 2015.
We would like to further inform that consequent to above allotment of 1.85 lakh Equity Shares the Issued & Paid-up Capital of the Company stands increased from Rs. 98 02 82 860/- consisting of 9 80 28 286 equity shares of Rs. 10/- each to Rs. 98 21 32 860/- consisting of 9 82 13 286 equity shares of Rs. 10/- each.
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