Camlin Fine Updates on Allotment of Shares

Camlin Fine Chemicals Ltd has now announced with reference to the earlier annoucement dated October 23, 2009 regarding allotment of 6700 Equity Shares of Rs. 10 each to employees / directors at an exercise price of Rs. 50 shares.

The Board of Directors of the Company at its meeting held on October 23, 2009, has allotted 6200 Equity Shares of Rs. 10/- each to employees / directors who have exercised their options to apply for equity shares at an exercise price of Rs. 50/- per share under the "Camlin Fine Chemicals Employees' Stock Option Scheme, 2008" (ESOP 2008) of the Company.

Consequent to this allotment the paid up Equity Share Capital of the Company is 58,06,200 Equity Shares of Rs. 10/- each.

Source : Equity Bulls

Keywords