Allotment of Shares under Employee Stock Option Plan 2010

Updated on: Jul 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 July 05, 2012 allotted 4,522 (Four Thousand Five Hundred and Twenty Two) Equity Shares of face value of Rs. 10/- each under the Company’s Employee Stock Option Plan, 2010. The said 4,522 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. 177,160,210/- divided into 17,716,021 equity shares of face value Rs. 10/- each to Rs. 177,205,430/- divided into 17,720,543 equity shares of face value of Rs. 10/- each.

Source : BSE - >www.bseindia.com

Published on July 11, 2012

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