Exercise of Options

| Updated on November 14, 2017 Published on March 19, 2012

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 has informed that, 38500 options equivalent of 38500 equity shares of Re. 1/- each of Godrej Consumer Products Ltd. (GCPL) have been exercised by option grantee(s). After the above exercise, a total of 29,06,075 options equivalent of 29,06,075 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 March 19, 2012
This article is closed for comments.
Please Email the Editor