Tuesday, September 30, 2008

Reliance allots 38k equity shares to employees

Mumbai, Sep 30 : Corporate behemoth Reliance Industries Ltd (RIL) on Tuesday said it has allotted 38,078 equity shares of Rs 10 each to its employees.

“The company has allotted 38,078 equity shares of Rs 10 each, on September 25, 2008 to its employees, pursuant to the Employees Stock Option Scheme,” RIL said in a regulatory filing to the Bombay Stock Exchange.

Shares of the company were trading at Rs 1 ,936.10, up 0.27 per cent in the afternoon trade on the BSE.

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