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Britannia Ind. - Allotment of Equity Shares

By Religare

Britannia Industries Ltd has informed BSE that the Board of Directors of the Company by way of a Circular Resolution approved the following proposal :

Allotment of Equity Shares of the Company of the face value of Rs. 2 each to Mr. Varun Berry as under on exercise of options granted to him at an exercise price of Rs. 870.35 per Equity Share under the Employee Stock Option Scheme (ESOS) as fully paid-up.

The Equity Shares would rank pari passu with the existing Equity Shares of the Company in all respects including dividend entitlement for the Financial Year 2014-15.

With this allotment the total Paid-up Capital of the Company stands at Rs. 23,99,51,630 (divided into 11,99,75,815 Equity Shares of Rs. 2 each).

Story first published: Thursday, June 11, 2015, 12:50 [IST]
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