Ipca Laboratories has informed that the board of directors of the company at its meeting held on January 30, 2013, 48,750 fully paid-up equity shares of Rs. 2 each of the company at the rate of Rs.63 per equity share have been allotted upon exercise of options by allottees to whom options were granted on November 11, 2008 pursuant to Ipca Laboratories Limited - Employee Stock Option Scheme 2006 (ESOS).The equity shares now allotted would rank pari-passu in all respects with the existing paid-up equity share capital of the company.
With this allotment, the paid up equity share capital of the company is now increased to Rs. 25,23,98,218 divided into 12,61,99,109 fully paid-up equity shares of Rs. 2 each.
The above information is a part of company’s filings submitted to BSE.
