Pursuant to the approval of the shareholders by postal ballot during the quarter and upon the recommendation of Nomination and Remuneration Committee, the Board of Directors at its meeting held today approved issuance of 60,000 equity shares of the Company at par under SRF Long Term Share Based Incentives Plan (SRF LTIP). The Allotment of shares will be undertaken by the Nomination and Remuneration Committee after the receipt of in-principle listing approval from the Stock Exchanges.
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