Under ESOSD B Corp has allotted 11,821 shares of Rs. 10/- each on exercise of 11,821 stock options under DBCL-ESOS- 2010 and DBCL-ESOS- 2011 - Tranches 1 and 4 Schemes to its employees covered under the scheme.
Following are the details of the increase in the Issued and Paid-up Capital of the Company: Existing Issued and Paid-up Capital (Equity Shares of Rs. 10/- each)- 18,38,95,258 Shares allotted / increased by (Equity Shares of Rs. 10/- each)- 11,821 Revised Issued and Paid-up Capital (Equity Shares of Rs. 10/- each) -18,39,07,079.
The new equity shares rank pari passu in all respects with the existing capital.
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