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RIL allots 21,173 shares to employees under ESOS

This article was posted on Jun 10, 2009 and is filed under Stock News

Diversified business conglomerate Reliance Industries (RIL) today said it has allotted 21,173 equity shares to its employees under the Employees Stock Option Scheme (ESOS). The company has allotted 21,173 shares of Rs 10 each to its employees on June 1, RIL said in a filing to the Bombay Stock Exchange.

RIL, the country’s most valued firm, is engaged in polymers, chemicals, fiber intermediates, petroleum, textiles and procurement business.

Earlier in May, RIL had alloted 2,055 equity shares of Rs 10 a piece to its employees pursuant to the ESOS.

Shares of RIL were trading at Rs 2,317, up 1.99 per cent on the BSE.

source: Business-Standard

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