Godrej Consumer Products Ltd allots 27585 shares

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 27,585 stock grants equivalent to 27,585 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 27,585 equity shares on July 13, 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 34,05,64,090 equity shares of Re.1 each and the subscribed and paid up capital of the Company stands increased to 34,05,32,966 equity shares of face value Re.1 each.

Shares of GODREJ CONSUMER PRODUCTS LTD. was last trading in BSE at Rs.1197.1 as compared to the previous close of Rs. 1202.65. The total number of shares traded during the day was 3934 in over 513 trades.

The stock hit an intraday high of Rs. 1208 and intraday low of 1182.6. The net turnover during the day was Rs. 4703259.

Source : Equity Bulls

Keywords