Allotment of shares under Employee Stock Option Plan 2010

| Updated on April 11, 2012 Published on April 11, 2012

Setco Automotive Ltd has informed BSE that the Remuneration Committee of the Board of Directors of the Company at its meeting held on April 10, 2012 allotted 61,199 (Sixty One Thousand One Hundred and Ninety Nine) Equity Shares of face value of Rs. 10/- each under the Companys Employee Stock Option Plan, 2010. The said 61,199 Shares shall rank pari passu with the existing equity shares of the Company in all respects.

Consequent to the said allotment, the equity share capital of the Company stands increased from Rs 176,437,600/- divided into 17,643,760 equity shares of face value Rs. 10/- each to Rs 177,049,590/- divided into 17,704,959 equity shares of face value of Rs 10/- each.

Source : BSE - www.bseindia.com

Published on April 11, 2012
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