Under ESOP
Orient Bell announced that the Compensation Committee has, in its meeting held on 09 October 2015, approved the further allotment of 1,86,850 equity shares of Rs. 10/- each fully paid up of the Company under the 'Orient Bell Employees Stock Option Scheme, 2013' ('ESOP Scheme') to the employees upon exercising of equal number of options granted and vested with them under the said scheme.Consequent to the aforesaid allotment, subject to the necessary approvals of statutory bodies the paid up equity share capital of the Company will stand increase to Rs. 14,00,24,010 divided into 1,40,02,401 equity shares of Rs. 10/- each.
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