RIL allots 2.86 lakh shares to employees under ESOS

Image
Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 7:32 PM IST

Reliance Industries (RIL) today said it has allotted 2.86 lakh shares, currently worth about Rs 30.81 crore, to company workers under its Employees Stock Option Scheme (ESOS).

"The company has allotted 2,86,932 equity shares of Rs 10 each, on January 3, 2011, pursuant to the ESOS," RIL said in a filing to the Bombay Stock Exchange.

Based on today's closing price of Rs 1,073.90, these shares are worth around Rs 30.81 crore.

In November, 2010, Mukesh Ambani-led RIL had announced that it would allot 2.25 lakh shares to its employees. The company had earlier issued 2.18 lakh shares to its employees in October, 2010.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 05 2011 | 9:05 PM IST

Next Story