Nagarjuna Agrichem allots equity shares

Under ESOS

Nagarjuna Agrichem announced that the Compensation Committee, in its meeting held on 21 November 2016 has allotted 2,32,500 equity shares of Rs. 1/- each to the grantees, upon exercise of 2,32,500 options pursuant to 'Nagarjuna Agrichem Ltd - Employee Stock Option Scheme-2015'. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

Upon the aforesaid allotment, the equity share capital of the Company stands increased to 15,61,44,008 equity shares of Rs. 1/- each aggregating to Rs. 15,61,44,008/-.

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