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Idea Cellular allots equity shares

Capital Market 

Under ESOS

announced that the Nomination and Remuneration Committee of Limited has vide its circular resolution dated 28 November 2016 allotted 190,038 Equity of Rs. 10/- each to the Option Grantees, pursuant to the exercise of Stock Options granted under the Company's Employee Stock Option Scheme, 2006 (ESOS-2006).

Further the Company has informed that, post the said allotment, the Equity Share Capital of the Company stands increased to 3,60,13,22,365 equity of Rs. 10/- each aggregating to Rs. 36,0132,23,650/-.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 29 2016. 16:22 IST