Jindal Steel & Power allots equity shares

Under ESPS

Jul 21, 2014 02:07 IST Captital Market

Jindal Steel & Power announced that Executive Sub-Committee of Directors has on 21 July 2014, allotted 17,816 equity shares of Re. 1/- each in accordance with the terms of Company's Employees Stock Purchase Scheme (ESPS-2013).

These shares shall remain locked in for a period of 2 years from the date of allotment i.e. 21 July 2014 upto 20 July 2016.

Consequently with effect from 21 July 2014 the issued, subscribed and paid up share capital of the Company stands increased to Rs. 91.49 crore divided into 91,49,03,800 equity shares of Re. 1/- each.

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