Godrej Properties has informed that pursuant to the provisions of the Godrej Properties Limited Employees Stock Grant Scheme, 2011 (the ‘GPL ESGS’), the option grantees have exercised 998 stock grants equivalent to 998 Equity Shares of face value of Rs 5 each of the Company (the ‘Equity Shares’) during the exercise period starting from November 01, 2015 to November 30, 2015. Accordingly, the duly authorized Allotment Committee of the Board of Directors of the Company has at its meeting held on November 30, 2015 allotted 998 Equity Shares of Rs 5 per Equity Share to the option grantees in terms of the GPL ESGS. Consequently, with effect from November 30, 2015 the issued, subscribed and paid up capital of the Company stands increased to Rs 99,75,71,820 consisting of 19,95,14,364 equity shares of Rs 5 each.
The above information is a part of company’s filings submitted to BSE.
