Northgate Technologies allots 3900 shares under ESOP

Northgate Technologies Ltd has announced that the Compensation Committee of the Company at its meeting held on May 12, 2007, has allotted 3,900 Equity shares of face value of Rs 10/- each on exercise of stock options by the employees under Employee Stock Option Plan 2005.

In view of the above, the paid-up Capital of the Company is increased to 1,65,14,295 equity shares of face value of Rs 10/- each fully-paid.

Source : Equity Bulls

Keywords