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S&P
BSE SENSEX
73,861.75
+8.81
+0.01 %
Corporate Announcement
Security Code
533519
Company
L&T Finance Ltd
Exchange Received Time
20/07/2018 18:57:17
Exchange Disseminated Time
20/07/2018 18:57:23
Time Taken
00:00:06
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS |
7/20/2018 6:57:17 PM
Dear Sir / Madam,
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the Exchange that the Nomination and Remuneration Committee of the Board of Directors of the Company has approved the allotment of 12,95,075 (Twelve Lakhs Ninety Five Thousand and Seventy Five) equity shares on July 19, 2018 vide resolution dated July 16, 2018 to those option grantees who had exercised their options under the following schemes of the Company:
Scheme No. of Shares
L&T FHL Employee Stock Option Scheme - 2010 20,975
L&T FHL Employee Stock Option Scheme - 2013 60,000
L&T FHL Employee Stock Option Scheme - 2013A 12,14,100
Total 12,95,075
The said equity shares will rank pari - passu with the existing equity shares of the Company in all respects.
We request you to take the aforesaid on records.
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