Grasim Industries has informed that the shareholders’ grievance / allotment and transfer committee of the board of directors of the company has allotted 1,740 equity shares on December 31, 2011, under the company’s employee stock option scheme, 2006. The said 1,740 Shares shall rank pari passu with the existing equity shares of the company in all respects. On allotment, the equity share capital of the company stands increased to 9,17,09,072 equity shares of Rs. 10 each aggregating to Rs. 91,70,90,720.
The above information is part of the company’s filing submitted to the BSE.
