Orchid Chemicals & Pharmaceuticals Ltd has informed that the Allotment Committee of the Board of Directors of Company at its meeting held on April 26, 2008 have allotted 9,425 equity share of Rs 10 each as per particulars given below:
- 7,525 equity shares of Rs 10 each (7,400 equity shares at an adjusted price of Rs 200.44 per share and 125 equity shares at a price of Rs 193.25 per share) to the employees under ESOP 1999 Scheme and
- 1,900 equity shares of Rs 10 each at a price of Rs 193.25 per share to the employees under ESOP 2005 Scheme.
The above equity shares will be locked in for a period of one year from the date of
Allotment.
Consequent to this allotment, the paid-up capital of the Company has increased from Rs 658,507,760 to Rs 658,602,010.
- 7,525 equity shares of Rs 10 each (7,400 equity shares at an adjusted price of Rs 200.44 per share and 125 equity shares at a price of Rs 193.25 per share) to the employees under ESOP 1999 Scheme and
- 1,900 equity shares of Rs 10 each at a price of Rs 193.25 per share to the employees under ESOP 2005 Scheme.
The above equity shares will be locked in for a period of one year from the date of
Allotment.
Consequent to this allotment, the paid-up capital of the Company has increased from Rs 658,507,760 to Rs 658,602,010.
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