India Cements Limited has informed that the Compensation Committee of the Board of Directors of the Company at its meeting held on July 07, 2009, has allotted 70,000 Equity Shares of Rs 10/- each fully paid-up at a premium of Rs 40/- per equity share to the employees who have exercised their stock options under ICL Employee Stock Option Scheme, 2006.
Consequently, the Paid-up Equity Share Capital of the Company has gone up from Rs 282.46 crores to Rs 282.53 crores.
Consequently, the Paid-up Equity Share Capital of the Company has gone up from Rs 282.46 crores to Rs 282.53 crores.
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