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This Article is From Dec 05, 2015

UltraTech Cement Allots 658 Shares to Employees

UltraTech Cement Allots 658 Shares to Employees
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New Delhi: Aditya Birla Group firm UltraTech Cement on Saturday said it has allotted 658 shares to employees under its employee stock option scheme (ESOP).

"The ESOS Compensation Committee on December 4, 2015 allotted 658 equity shares of Rs 10 of the company to Option Grantees upon exercise of stock options under the company's Employee Stock Option Scheme," UltraTech Cement said in a filing to the BSE.

"On allotment, the equity share capital of the company stands increased to 27,44,18,112 equity shares of Rs 10 each aggregating to Rs 2,74,41,81,120 (Rs 274.4 crore)," it said.

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