Under ESOPPhoenix Mills has allotted 10,000 equity shares of Rs. 2/- each fully paid-up at an exercise price of Rs. 333.90/- per share to the grantees upon exercise of stock options pursuant to The Phoenix Mills Employees Stock Option Plan 2007.
Consequent upon allotment of the above shares, the equity shares issued and allotted by the Company stand increased from present level of 15,32,71,851 (Nos.) to 15,32,81,851 (Nos.) equity shares of Rs. 2/- each.
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