Gravita India has informed that the Board of Directors of the Company at its meeting held on April 26, 2016, discussed and approved the Allotment of 46,190 Equity Shares of the Company at Rs 2 each to the employees of Company and its subsidiaries to whom option were granted under Gravita Employee Stock Option Scheme 2011 and in respect of which Company has received the application from along with the Application Money from the respective employees.
The above information is a part of company’s filings submitted to BSE.
