Exercise of Options

Godrej Consumer Products Ltd has informed BSE that In terms of the special resolutions passed by the shareholders on March 14, 2007 and April 24, 2008 an independent trust viz. Godrej Consumer Products Ltd ESOP Trust was empowered to acquire by means of subscription or secondary market purchase, the shares of GCPL to be allotted as options to the eligible employees of the company and its subsidiaries.

Further, the Company informed that 1,500 options equivalent of 1,500 equity shares of Re. 1/- each of Godrej Consumer Products Ltd. (GCPL) have been exercised by option grantee(s) on August 17, 2011. After the above exercise, a total of 24,92,500 options equivalent of 24,92,500 equity shares have been exercised till now.

Further, there is no change in the issued, subscribed or paid-up capital of GCPL on account of the exercise of the aforesaid options.

Source : BSE - >www.bseindia.com

Published on August 18, 2011
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