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Allotment of Equity Shares under ‘Orient Bell Employees Stock Option Scheme, 2013’

| Updated on: Oct 12, 2015

Orient Bell Ltd has informed BSE that the Compensation Committee has, in its meeting held on October 09, 2015, approved the further allotment of 1,86,850 equity shares of Rs. 10/- each fully paid up of the Company under the ‘Orient Bell Employees Stock Option Scheme, 2013’ (‘ESOP Scheme’) to the employees upon exercising of equal number of options granted and vested with them under the said scheme. Consequent to the aforesaid allotment, subject to the necessary approvals of statutory bodies the paid up equity share capital of the Company will stand increase to Rs. 14,00,24,010 divided into 1,40,02,401 equity shares of Rs. 10/- each.

Source : BSE - >www.bseindia.com

Published on November 30, 2017

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