Apar Industries allots equity shares

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Capital Market
Last Updated : Sep 25 2014 | 9:30 PM IST

Under ESOP

Apar Industries announced that the Company on 25 September 2014 has allotted 23,729 nos. of Equity Shares of Rs. 10/- each (Rupees Ten only) fully paid up at a Premium of Rs. 197.05 per share i.e. at an Exercise Price of Rs. 207.05 per share to the Employees / Director of the Company upon exercise by them of the options under the 'Apar Industries - Stock Option Plan 2007.'

Consequent upon allotment of the aforesaid 23,729 nos. of Equity Shares, the Issued, Subscribed and Paid-up Equity Share Capital of the Company has increased - - From : Rs. 384,704,310/- divided into 38,470,431 Equity Shares of Rs. 10/- each - To : Rs. 384,941,600/- divided into 38,494,160 Equity Shares of Rs. 10/- each.

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First Published: Sep 25 2014 | 8:37 PM IST

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