Jyoti Structures - Allotment of Equity Shares
Jyoti Structures Ltd has informed BSE that Compensation Committee of the Board of Directors by Circulatory Resolution dated March 31, 2008 has:
1. Allotted 10,750 Equity Shares of Rs 2 each arising out of Stock Options granted to the employees of the Company under Employees Stock Option Scheme.
2. Modified / amended the Employees Stock Option Scheme and increased the exercise period from 6 months to 12 months.
Consequent to the aforesaid allotment of 10,750 Equity Shares of Rs 2 each, the paid up share capital of the Company has increased to Rs 16,23,65,680 divided into 8,11,82,840 Equity Shares of Rs 2 each.
Tags: Jyoti Structures