Allcargo Global Logistics Ltd has informed that the Allotment Committee of the Board of Directors of the Company at their meeting held on July 12, 2010 has issued and allotted 8,598 equity shares of Rs. 2 each fully paid of the Company to its employees in exercise of options granted to them under Allcargo Employee Stock Option Plan 2006.

Accordingly, with the allotment of 8,598 equity shares, the paid up share capital of the Company has been increased from Rs. 261,016,740 divided into 130,508,370 equity shares of Rs. 2 each fully paid up to Rs. 261,033,936 divided into 130,516,968 equity shares of Rs. 2 each.

Source: Dalal Street Investment journal
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