Varun Beverages has informed that the Share Allotment Committee of the Board of Directors of the Company today (started at 3:45 PM and concluded at 4:00 PM) approved the allotment of 40,500 Equity Shares of face value of Rs 5 each of the Company to the eligible employees upon exercise of stock options vested under Employees Stock Option Scheme 2016 (ESOP 2016). Consequent to the aforesaid allotment, the paid-up shares of the Company is increased from 129,93,49,963 Equity Shares to 129,93,90,463 Equity Shares having face value of Rs 5 each. In terms of Regulation 10(c) of the SEBI ESOP Regulations, the statutory details are enclosed as Annexure -1. The same is being uploaded on website of the Company at www.varunbeverages.com
The above information is a part of company’s filings submitted to BSE.
