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| Exchange Disseminated Time 27/01/2017 18:33:14 | Geojit BNP Paribas Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 27, 2017, has transacted the following:
1. Allotment under ESOP 2010
The Board of Directors of the Company has allotted 61,814 equity shares of the face value of Re.1 each to employees of the Company and its subsidiaries at its meeting held on January 27, 2017 upon exercise of stock options under Employees Stock Option Plan 2010 (Tranch II and Tranch III).
2. Acquisition of shares of Geojit Technologies Pvt. Ltd.
Geojit Investment Services Limited, wholly owned subsidiary of the Company currently holds 65.00% shares of Geojit Technologies Pvt. Ltd. The Board of Directors of Geojit BNP Paribas decided to acquire those shares of Geojit Technologies Private Limited from Geojit Investment Services Limited.
The Meeting of the Board of Directors commenced at 2.00 p.m. and concluded at 6.00 p.m. |
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