Allotment of Equity Shares upon conversion of Options issued under ESOP Scheme

• Security Code: 511431
• Company: VAKRANGEE

Vakrangee Ltd has informed BSE that the Nomination and Remuneration and Compensation Committee of the Board of Directors of the Company at its meeting held on November 09, 2016 has approved and allotted 36250 numbers of Equity Shares having Face Value of Re. 1/- each to the employees of the Company (the Allottees) pursuant to exercise of options under the company's Employee Stock Option (ESOP) Scheme which may please be noted.

Post allotment of 36250 shares of face value of Re. 1/- each, the Company's issued and paid-up share capital stands increased to 529232420 Equity Shares of face value of Re. 1/- each aggregating to Rs. 52,92,32,420/-.