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Indiabulls Real Estate allots equity shares

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Capital Market
Last Updated : Nov 20 2014 | 8:50 PM IST

Under ESOS

Indiabulls Real Estate announced that on 20 November 2014, Indiabulls Real Estate (the Company), has issued and allotted 1,05,000 (One Lac Five Thousand) Equity shares of face value Rs. 2/- each, to eligible employees upon exercise of options vested in their favour under 'Indiabulls Real Estate - Employees Stock Option Scheme 2006'.

Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 84,97,45,478/- divided into 42,48,72,739 Equity shares of face value Rs. 2/- each to Rs. 84,99,55,478/- divided into 42,49,77,739 Equity shares of face value Rs. 2/- each.

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First Published: Nov 20 2014 | 6:20 PM IST

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