Bharti Airtel allots shares on ESOP

With reference to the earlier announcement dated April 02, 2007 regarding Allotment of equity shares under ESOP, Bharti Airtel Ltd has announced that due to a clerical mistake, number of shares allotted at an exercise price of Rs 221/- were wrongly mentioned as "51150" instead of "51100" and number of shares allotted at an exercise price of Rs 357/- were wrongly mentioned as "7750" in place of "7800".

After making the aforesaid changes, the revised details of the allotment would be read as follows:

- 51100 fully paid up Equity Shares of Rs 10/- each at an exercise price of Rs 221/-.

- 4150 fully paid up Equity Shares of Rs 10/- each at an exercise price of Rs 313/-.

- 7800 fully paid up Equity Shares of Rs 10/- each at an exercise price of Rs 357/-.

- 2700 fully paid up Equity Shares of Rs 10/- each at an exercise price of Rs 366/-.

Source : Equity Bulls

Keywords