Bharti Airtel and Allcargo Global Logistics allots equity shares

July 25 2008
Bharti Airtel allots equity shares Under ESOP The committee of Bharti Airtel has allotted 38,400 equity shares to the employees upon exercise of stock options pursuant to ESOP scheme 2005 of the company.With the allotment of the above shares the equity base of the company stand increased from present level of 1,898,020,804 equity shares to 1,898,059,204 equity shares of Rs 10 each.These shares were allotted at the committee meeting held on 23 July 2008.

Allcargo Global Logistics allots equity shares Under ESOP The committee of Allcargo Global Logistics has issued and allotted 648 equity shares of Rs 10 each fully paid up of the company to its employees in exercise of options granted to them under Allcargo ESOP 2006.With the aforesaid allotment of equity shares, the paid up share capital of the company has increased from Rs 223,625,290 divided into 22,362,529 equity shares of Rs 10 each fully paid up to Rs 223,631,770 dividend into 22,363,177 equity shares of Rs 10 each fully paid up.These shares were allotted at the committee meeting on 24 July 2008.