GHCL Limited allotted 1,96,500 equity shares of Rs. 10/- each to 10 employees (including two KMPs) upon the exercise of stock options under ESOS 2015. Consequent to this allotment, the company's paid-up capital increased to Rs. 92.13 Crore.
GHCL Limited's ESOS Trust settled pending litigations with a broker. The trust will receive 7,45,966 GHCL Limited and 8,56,466 GHCL Textiles Limited equity shares. These shares will be sold, and the net proceeds will be remitted to the company, resolving long-standing judicial disputes.