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Steel Strips Wheels 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 in their meeting held today i.e. on Monday the 31st day of December, 2018 allotted 9450 Equity shares Rs.10/- each for cash, at an exercise price of Rs. 100/- per share to the employees of the Company who have exercised their stock options under Steel Strips Wheels Ltd. - Employee Stock Option Scheme, 2014 (ESOS 2014).These shares shall rank pari passu with the existing equity shares of the Company in all respects.
With the said allotment, the Issued and Paid up Capital of the Company increased from Rs.155802700/- to Rs.155897200/- comprising 15589720 equity shares of Rs. 10/-each.
Kindly take the same on your records please.

Pdf Link: Steel Strips Wheels 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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