V-Guard Industries has informed that the Board of Directors of the Company at its meeting held on May 04, 2016, has allotted 15,984 equity shares having face value of Rs 10 each to the employees who have exercised the stock options under Employees Stock Option Scheme, ESOS 2013. Among the 15,984 equity shares, 1,929 and 14,055 equity shares were allotted at Rs 10 and Rs 485 each respectively. The aforesaid meeting commenced at 10.30 a.m. and concluded at 3.00 p.m.
The above information is a part of company’s filings submitted to BSE.