Thursday, December 4, 2008

India Cements Earlier Allotment Of Equity Shares - Dec 04, 2008

With reference to the earlier announcements dated December 27, 2007 & April 09, 2008.regarding the allotment of 7,06,500 and 12,000 equity shares of Rs 10/- each, fully paid-up, at a premium of Rs 40/- per share to the employees on exercise of their stock options under ICL ESOS, 2006, India Cements Ltd has informed that the Compensation Committee of the Board of Directors of the Company at its meeting held on December 02, 2008 has allotted 500 Equity Shares of Rs 10/- each fully paid-up at a premium of Rs 40/- per share to an employee who has exercised his stock options under ICL ESOS, 2006.

Consequently, the Paid-up Equity Share Capital of the Company has gone up from Rs 2,81,88,11,570/-to Rs 2,81,88,16,570/.

No comments: