Under ESOPPhoenix Mills has allots 500 Equity Shares of Rs. 2/- each fully paid-up 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 paid-up Equity Share Capital of the Company stands increased from Rs.30,67,83,380 consisting of 15,33,91,690 Equity Shares of Rs.2/- each to Rs.30,67,84,380 consisting of 15,33,92,190 Equity Shares of Rs. 2/- each.
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