Shalimar Paints informs about Allotment of Shares under ESOP

04 Jul 2015

Shalimar Paints has informed that the Nomination and Remuneration Committee in its meeting held on July 03, 2015 has approved allotment of 14,750 equity shares of Rs 2 each pursuant to exercise of options under the ESOP Scheme 2013. Consequent to such allotment, the paid-up equity share capital of the Company has increased from Rs 3,78,56,200 (1,89,28,100 equity shares of Rs 2 each) to Rs 3,78,85,700 (1,89,42,850 equity shares of Rs 2 each).

The above information is a part of company’s filings submitted to BSE.

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