The Ramco Cements has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on 1st November 2021, has approved an allotment of 25,168 equity shares of Rs 1 each, being the exercise of 6,667 equity stock options under the Employee Stock Option Scheme 2018-Plan A, (ESOS 2018 Plan A) and 18,501 equity stock options under the Employee Stock Option Scheme 2018-Plan B, (ESOS 2018 Plan B). Consequent to this, the equity share capital of the Company has increased from 23,62,20,712 equity shares of Rs 1 each to 23,62,45,880 equity shares of Rs 1each. Subsequent to this allotment, the Company's paid up share capital stands at Rs 23,62,45,880. The meeting commenced at 10.00 am & concluded at 10.30 am. The Company will be applying for the listing and trading permission shortly.
The above information is a part of company’s filings submitted to BSE.