Corporate Announcement
Security Code : 533519    Company : LTF    
 
Allotment of ESOP / ESPSDownload PDF Download XBRL
  Exchange Received Time  25/01/2018 13:26:57         Exchange Disseminated Time   25/01/2018 13:27:03              Time Taken   00:00:06
Dear Sir / Madam,

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the Exchange that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on January 25, 2018 has approved the allotment of 12,03,275 (Twelve Lakhs Three Thousand Two Hundred and Seventy Five) equity shares to those option grantees who had exercised their options under the following schemes of the Company:

Scheme : No. of Shares
L&T FHL Employee Stock Option Scheme - 2010 : 1,33,275
L&T FHL Employee Stock Option Scheme - 2013 : 10,70,000
Total : 12,03,275

The said equity shares will rank pari - passu with the existing equity shares of the Company in all respects.

We request you to take the aforesaid on records.
 

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