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| Exchange Received Time 26/10/2017 17:14:34 Exchange Disseminated Time 26/10/2017 17:14:36 Time Taken 00:00:02 | 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, we hereby inform the Exchange that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on October 26, 2017 has approved the allotment of 18,98,962 (Eighteen Lakhs Ninety Eight Thousand Nine Hundred and Sixty Two) 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 = 7,84,462
L&T FHL Employee Stock Option Scheme - 2013 = 11,14,500
Total = 18,98,962
The said equity shares will rank pari-passu with the existing equity shares of the Company in all respects.
We request you to take the aforesaid on records. |
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