Godrej Board

In a boost for employees, the Godrej Board approved the allotment of 50,319 equity shares to employees under the Employee Stock Grant Scheme, 2011. The announcement was made official in an exchange filing, issued on July 4. The face value of the equity shares will be Rs 1 each. With this allotment, the paid-up equity share capital of the company stands increased to Rs 33,66,88,576.