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( 04/05/2018 11:55)
Ultratech Cement allots 3,801 equity shares under ESOP

Ultratech Cement on Friday said the Nomination, Remuneration and Compensation Committee has on May 3, 2018 allotted 3,801 equity shares of Rs 10 of the company to Option Grantees upon exercise of stock options under the Company's Employee Stock Option Scheme.

“On allotment, the equity share capital of the company stands increased to 27,46, 17,786 equity shares of Rs 10 each aggregating to Rs 2,74,61,77,860,” Ultratech Cement said in a filing to the Bombay Stock Exchange.

Meanwhile, shares of company were trading at Rs 4,001 apiece, up 0.04 per cent, from previous close on the BSE at 11:50 hours.

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