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S&P
BSE SENSEX
74,339.44
+486.50
+0.66 %
Corporate Announcement
Security Code
533519
Company
L&T Finance Ltd
Exchange Received Time
03/05/2018 15:59:00
Exchange Disseminated Time
03/05/2018 15:59:03
Time Taken
00:00:03
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS |
05/03/18 15:59
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 at its meeting held on May 3, 2018 has approved the allotment of 77,750 (Seventy Seven Thousand Seven Hundred and Fifty) equity shares 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 27,750
L&T FHL Employee Stock Option Scheme - 2013 50,000
Total 77,750
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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