KIRLOSKAR FERROUS INDUSTRIES LTD. - 500245 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; we wish to inform that the Board of Directors of the Company at its meeting held today has allotted 1,69,090 equity shares of Rs. 5 each upon exercise of employee stock options pursuant to ''KFIL Employee Stock Option Scheme 2017''. Accordingly, the paid-up share capital of the Company has increased from ''13,78,34,491 equity shares of Rs. 5 each aggregating to Rs. 68,91,72,455' to ''13,80,03,581 equity shares of Rs. 5 each aggregating to Rs. 69,00,17,905'. The meeting of the Board of Directors commenced at 10.30 a.m. and concluded at 2.10 p.m. You are requested to take the same on record.12-09-2020