Allotment of Equity Shares
Neuland Laboratories Ltd has informed BSE that the Board of Directors had allotted 1,000 fully paid up equity shares of a face value of Rs.10 each on October 24, 2016, to eligible employees pursuant to exercise of stock options granted under Employee Stock Option Scheme, 2008.Consequently w.e.f. October 24, 2016, the paid-up equity capital of the Company stands increased to Rs. 8,88,42,540/- from Rs. 8,88,32,540/-.25-10-2016