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| Exchange Disseminated Time | GTL Ltd has informed BSE that the Nomination & Remuneration Committee of the Board of Directors of the Company at its meeting held on January 14, 2011, considered and approved allotment of 1,48,213 Equity Shares of Rs. 10/- each for cash at a premium in terms of the ESOP Schemes, upon exercise of option for conversion of Warrants, as detailed below:
1. Particulars of Scheme : ESOP - 2001
- Number of Equity Shares : 500
2. Particulars of Scheme : ESOP - 2002
- Number of Equity Shares : 15,760
3. Particulars of Scheme : ESOP - 2002 Subsidiary
- Number of Equity Shares : 3,150
4. Particulars of Scheme : ESOP - 2004
- Number of Equity Shares : 94,453
5. Particulars of Scheme : ESOP - 2004 Subsidiary
- Number of Equity Shares : 12,000
6. Particulars of Scheme : ESOP - 2005
- Number of Equity Shares : 22,350. |
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