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Shriram City Union Finance Ltd. - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

| Updated on August 14, 2018 Published on August 14, 2018

We were granted in-principle approval for the issue and allotment of 13,55,000 equity shares under Companys ESOP Scheme 2006 in terms of Clause 22.1 (b) of SEBI (ESOS and ESPS) guidelines 1999 and Regulation 10 (b) of the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations 2014.

The Banking and Securities Management Committee as empowered by our board of directors in its meeting held on August 14, 2018 allotted 2,645 (negligible % of paid up equity share capital) Equity Shares of ` 35 each (including ` 25 as premium) to five employees of the Company who exercised their options under ESOP Scheme 2006. As intimated by the said employees, we intimate the allotment of shares made under regulation 7(2) under Chapter III of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and other applicable regulations.

Pdf Link: Shriram City Union Finance Ltd. - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Source : BSE - www.bseindia.com

Published on August 14, 2018
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