Brigade Enterprises has informed that the Nomination and Compensation Committee has approved the allotment of 402825 equity shares of Rs 10 each at employees at a price of Rs 50 per share to the employees who have exercised their Options for equity shares under the Employees Stock Option Plan 2011. The paid up equity share capital of the company has increased from Rs 112,25,19,400 to Rs 112,65,47,650 due to the aforesaid allotment.
The above information is a part of company’s filings submitted to BSE.
