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.
