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| Exchange Disseminated Time | Godrej Consumer Products Ltd has informed BSE that pursuant to the provisions of the Godrej Consumer Products Limited Employees Stock Grant Scheme, 2011 (the "GCPL ESGS"), some of the option grantees have exercised 857 stock grants equivalent to 857 equity shares of face value of Re. 1/- each of the Company (the "Equity Shares").
Accordingly, the duly authorised Nomination & Remuneration Committee of the Board of Directors of the Company has allotted 857 equity shares on Jan 27, 2016 at an exercise price of Re.1 per equity share to the option grantees in terms of the GCPL ESGS.
Consequently the issued capital of the Company stands increased to 34,05,64,947 equity shares of Re. 1 each and the subscribed and paid up capital of the Company stands increased to 34,05,33,823 equity shares of face value Re. 1 each. |
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