MoneyWorks4Me

Idea Cellular informs about allotment of equity shares under ESOS

25 Nov 2015 Evaluate

Idea Cellular has informed that the Nomination and Remuneration Committee has vide its circular resolution dated November 24, 2015 allotted 409,191 Equity Shares of Rs 10 each to the Option Grantees, pursuant to the exercise of Stock Options granted under the Company’s Employee Stock Option Scheme, 2006 (ESOS-2006) and Employee Stock Option Scheme, 2013 (ESOS-2013). Further the Company has informed that, post the said allotment, the Equity Share Capital of the Company stands increased to 36,00,019,577 equity shares of Rs 10 each aggregating to Rs 36,000,195,770.

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

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