Shriram Properties has informed that the Board of Directors of the Company allotted 30,817 equity shares of face value of Re 10 each of the Company under the company’s Employee Stock Option Plan (ESOP) 2013, to the eligible employees pursuant to exercise of stock options granted thereunder. In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits) Regulations, 2014 (‘SEBI SBEB Regulations’), the details of shares allotted as above are given in Annexure I.
The above information is a part of company’s filings submitted to BSE.