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Patel Engineering Ltd. - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

| Updated on December 31, 2018 Published on December 31, 2018

This is to inform you that the Allotment Committee of the Board of Directors of the Company at its meeting dated December 31, 2018 approved the allotment of 72,53,815 equity shares of Re. 1/- each to Patel Engineering Employee Welfare Trust.

The shares allotted to trust shall be allocated to employees upon exercise of options vested to them from time to time under Patel Engineering Stock Option Plan.

The paid-up equity share capital of the Company after the said allotment stands increased from Rs. 15, 69, 94,691 to Rs. 16,42,48,506 comprising of 16,42,48,506 equity shares of Re. 1/- each.

You are requested to take the above information on record.

Pdf Link: Patel Engineering Ltd. - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Source : BSE - www.bseindia.com

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Published on December 31, 2018
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