Godrej Consumer Products Ltd has informed BSE that in terms of the special resolutions passed by the shareholders on March 14, 2007 and April 24, 2008 an independent trust viz. Godrej Consumer Products Ltd ESOP Trust was empowered to acquire by means of subscription or secondary market purchase, the shares of GCPL to be allotted as options to the eligible employees of the company and its subsidiaries.
Further the Company has informed that, 41,000 options equivalent of 41,000 equity shares of Re.1/- each of Godrej Consumer Products Ltd. (GCPL) have been exercised by option grantee(s) during the period May 23, 2011 and May 24, 2011. After the above exercise, a total of 17,44,000 options equivalent of 17,44,000 equity shares have been exercised till now.
Further, there is no change in the issued, subscribed or paid-up capital of GCPL on account of the exercise of the aforesaid options.
Sensex
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Tuesday, May 24, 2011
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