Balrampur Chini Mills has informed that the Company has on March 16, 2016, allotted 15,500 Equity Shares of Re 1 each of the Company at a price of Rs 45 per share (including premium of Rs 44 per share) to the eligible employees on exercise of stock options pursuant to Employee Stock Option Scheme of the Company. Post the above allotment, the paid-up equity share capital of the Company would stand at Rs 244,949,767 consisting of 244,949,767 Equity Shares of Re 1 each.
The above information is a part of company’s filings submitted to BSE.