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| Exchange Received Time 14/03/2018 15:58:16 Exchange Disseminated Time 14/03/2018 15:58:18 Time Taken 00:00:02 | We are pleased to inform you that the Nomination & Remuneration Committee of the Company vide its resolution passed on March 14, 2018, have approved the issue and allotment of 10,022 (Ten Thousand Twenty Two) Equity Shares of Rs. 10/- each to the employees of the Company and its Subsidiary, i.e. Universal Power Systems Private Limited against exercise of stock options granted to them, in accordance with applicable SEBI (Share Based Employee Benefits) Regulation, 2014 (as amended) & Eros International Media Limited- Employee Stock Option Scheme 2009 respectively.
The Company shall make necessary applications to exchanges and depositories, for their approval.
We request you to kindly take the above on record.
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