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S&P
BSE SENSEX
73,730.16
-609.28
-0.82 %
Corporate Announcement
Security Code
532498
Company
Shriram City Union Finance Ltd
Exchange Received Time
09/05/2018 16:19:38
Exchange Disseminated Time
09/05/2018 16:19:46
Time Taken
00:00:08
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS |
05/09/18 16:19
We were granted in-principle approval for the issue and allotment of 13,55,000 equity shares under Company's ESOP Scheme 2006 in terms of Clause 22.1 (b) of SEBI (ESOS and ESPS) guidelines 1999 and Regulation 10 (b) of the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations 2014.
The Banking and Securities Management Committee as empowered by our board of directors in its meeting held on May 9, 2018 allotted 50 (negligible % of paid up equity share capital) Equity Shares of ` 35 each (including ` 25 as premium) to one employee of the Company who exercised his options under ESOP Scheme 2006. As intimated by the said employee, we intimate the allotment of shares made under regulation 7(2) under Chapter III of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and other applicable regulations.
We request you to take this on record
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