Under ESGS
Godrej Properties announced that pursuant to the provisions of the Godrej Properties Limited Employees Stock Grant Scheme, 2011 (the GPL ESGS), the option grantees have exercised 1,55,578 stock grants equivalent to 1,55,578 Equity Shares of face value of Rs. 5/- each of the Company (the Equity Shares) during the exercise period starting from 01 June 2015 to 30 June 2015.Accordingly, the duly authorised Allotment Committee of the Board of Directors of the Company has at Its meeting held on 09 July 2015 allotted 1,55,578 Equity Shares of Rs.5/- per Equity Share to the option grantees in terms of the GPL ESGS.
Consequently, with effect from July 09, 2015, the issued, subscribed and paid up capital of the Company stands increased to Rs. 99,75,66,830/- consisting of 19,95,13,366 equity shares of Rs. 5/- each.
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