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| Exchange Disseminated Time 06/11/2015 17:52:02 | Geojit BNP Paribas Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 06, 2015, has transacted the following :
1. The Board of Directors of the Company has allotted 9,91,901 equity shares of the face value of Re.1 each to employees of the Company and subsidiaries at its meeting held on November 06, 2015 upon exercise of stock options under Employees Stock Option Plan 2010 and ESOP 2007 for Key Employees.
2. The Company entered into a Memorandum of Understanding to sell its entire share of interest in the jointly controlled entity in Saudi Arabia viz, Aloula Geojit Capital Company. This sale will be effected subject to completion of due diligence procedures and receipt of regulatory approvals. |
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