Godrej Consumer Products Ltd grants 58480 shares under the Employee Stock Grant Scheme, 2011

Pursuant to the provisions of the Godrej Consumer Products Limited Employees Stock Grant Scheme, 2011 (the "GCPL ESGS"), some of the option grantees have exercised 58,480 stock grants equivalent to 58,480 equity shares of face value of Re. 1/- each of the Company (the "Equity Shares").

Accordingly, the duly authorised Nomination & Remuneration Committee of the Board of Directors of the Company has allotted 58,480 equity shares on June 17, 2015 at an exercise price of Re. 1 per equity share to the option grantees in terms of the GCPL ESGS.

Consequently the issued capital of the Company stands increased to 34,05,36,505 equity shares of Re. 1 each and the subscribed and paid up capital of the Company stands increased to 34,05,05,381 equity shares of face value Re. 1 each.

Shares of GODREJ CONSUMER PRODUCTS LTD. was last trading in BSE at Rs.1145 as compared to the previous close of Rs. 1154. The total number of shares traded during the day was 4571 in over 525 trades.

The stock hit an intraday high of Rs. 1164 and intraday low of 1135. The net turnover during the day was Rs. 5240791.

Source : Equity Bulls

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