Muthoot Finance allots equity shares

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Capital Market
Last Updated : Jun 28 2016 | 10:47 AM IST

Under ESOP

Muthoot Finance announced that Nomination and Remuneration Committee of Board of Directors of the Company at their meeting held on 27 June 2016 has:

(i) allotted 48,602 equity shares of face value of Rs. 10/- each under Muthoot ESOP 2013. The paid up Capital of the Company is increased from Rs 3,99,00,23 320 consisting of 39,90,02,332 equity shares to Rs. 3,99,05,09,340 consisting of 39,90,50,934 equity shares.

(ii) granted (fourth tranche of 'Muthoot ESOP 2013') 11,18,700 growth options @ Rs. 50 per option and 8150 loyalty options @ Rs. 10 per option as per the list of Employees as placed before the Committee.

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First Published: Jun 28 2016 | 10:30 AM IST

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