Strides Arcolab Ltd has informed BSE that the Company has allotted 41,000 fully paid equity shares of Rs. 10/- each on conversion of employee stock options under Strides Arcolab ESOP 2008 Scheme.
Consequent to the above allotment, the paid up equity share capital of the Company has increased from Rs. 576,636,710.00 consisting of 57,663,671 equity shares of Rs. 10/- each to Rs. 577,046,710 consisting of 57,704,671 equity shares of Rs. 10/- each.