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Incorporated in 1977, Orient Bell Ltdis in the business of manufacturing,trading and selling of ceramic andfloor tile
Orient Bell Ltd. increased its ESOP grant from 68,000 to 73,000 employee stock options. Each option converts to one equity share at an exercise price of Rs. 10, increasing potential future equity dilution.
Company's Compensation Committee approved granting 68,000 stock options to employees, convertible into equity shares at an exercise price of Rs. 10 per share. Options vest over 1-5 years. The diluted EPS stands at 5.71 per share.
Orient Bell announced its 49th Annual General Meeting (AGM) will be held virtually. Investors can access the Annual Report and AGM notice online. The company is ensuring all shareholders, including those without registered emails, receive meeting details.
Orient Bell will hold its 49th AGM on August 11. Mark July 24 as the record date for dividend eligibility and e-voting. Investors can participate virtually.
Orient Bell clarified an error in a recent share acquisition disclosure. An acquirer purchased 250 shares, but initial reported shareholding figures were inaccurate. A revised statement with correct data is forthcoming.