Allotment of ESOP / ESPS

| Updated on January 31, 2018 Published on November 15, 2017

This has reference to the in-principle approval for listing of an aggregate of 4,34,00,710 Equity Shares in pursuance of ZEEL ESOP Scheme 2009 granted by NSE vide letters no NSE/LIST/152298-F dated November 26, 2010 and NSE/LIST/153779-A dated December 15, 2010 & BSE vide letters no DCS/IPO/BS/ESOP-IP/753/2010-11 dated November 10, 2010 & DCS/AMAL/BS/ESOP-IP/915/2010-11 dated December 09, 2010

As informed vide our letter dated October 25, 2016, the Company had granted 9,800 stock options to Mr Punit Misra (each stock option convertible into 1 equity shares of face value of Re 1/- each) at an exercise price of Re 1/- per Equity Share

The ESOP Allotment Sub-Committee at the meeting held today has approved allotment of 4900 Equity Shares of Re 1 each at an exercise price of Re 1/- per Equity Share to Mr Punit Misra under ESOP Scheme. Consequent to this allotment the paid-up equity share capital of the Company stand increased to 96,04,53,620Equity Share of Re 1/- i.e. Rs 96,04,53,620/-

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Source : BSE - www.bseindia.com

Published on November 15, 2017
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