Allotment of Equity Shares under Associates (Employees) Stock Option Scheme (ASOP)

| Updated on December 23, 2011 Published on December 23, 2011

Polaris Financial Technology Ltd has informed BSE that the Shareholders Committee of Directors of the Company vide Circular Resolution dated December 22, 2011 allotted 12,800 equity shares to five Associates (employees) of the Company under the Associate Stock Option Plan (ASOP) 2003.

Further under ASOP 2004 Scheme, 5,800 equity shares were transferred to two Associates pursuant to exercise of options granted to them.

Source : BSE - >www.bseindia.com

Published on December 23, 2011
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