Corporate Announcement
Security Code : 532783    Company : LTFOODS    
 
Outcome of Compensation/Remuneration Committee Meeting 
  Exchange Disseminated Time     
LT Foods Ltd has informed BSE that the Compensation/Remuneration Committee of Directors of the Company, in its meeting held on August 13, 2013, inter alia, has considered and approved the following:

1. Allotted 32,853 equity shares of Rs. 10/- each of the Company to option grantees upon exercise of options under LT Foods ESOP Plan 2010. On allotment the equity shares of the Company stands increased from 26,241,814 equity shares to 26,274,667 equity shares of Rs. 10/- each aggregating to Rs. 262,746,670.

2. The Committee has noted lapse of 101,863 options under ESOP Plan 2010 due to resignation of employees.
 

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