Corporate Announcement
Security Code : 533519    Company : LTF    
 
Allotment Of Shares Pursuant To Exercise Of ESOPDownload PDF Download XBRL
  Exchange Received Time  26/07/2017 16:44:39         Exchange Disseminated Time   26/07/2017 16:44:45              Time Taken   00:00:06
Dear Sir/ Madam,

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform the Exchange that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on July 26, 2017 has approved the allotment of 4,97,125 (Four Lakhs Ninety Seven Thousand and One Hundred Twenty Five) equity shares to those option grantees who had exercised their options under the following schemes of the Company:

Scheme No. of Shares
L&T FHL Employee Stock Option Scheme - 2010 1,98,125
L&T FHL Employee Stock Option Scheme - 2013 2,99,000
Total 4,97,125

The said shares will rank pari-passu with the existing equity shares of the Company in all respects.

Kindly take the aforesaid on record and acknowledge the receipt.
 

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