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| Exchange Received Time 23/10/2018 17:54:45 Exchange Disseminated Time 23/10/2018 17:54:50 Time Taken 00:00:05 | 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 ('Listing Regulations'), we hereby inform the Exchange that the Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on October 23, 2018 has approved the allotment of 2,82,075 (Two Lakh Eighty Two Thousand 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 1,39,075
L&T FHL Employee Stock Option Scheme - 2013 1,43,000
Total 2,82,075
The said shares will rank pari-passu with the existing equity shares of the Company in all respects.
Kindly take the aforesaid on record and acknowledge the receipt.
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