Tube Investments Outcome Of Committee Meeting (18-Mar-2010)
Tube Investments of India Ltd has informed that the Committee of the Board of Directors vide its resolution dated March 18, 2010, has allotted 1000 equity shares of Rs.2/- each consequent upon the exercise of Stock Options by the eligible employees under
the Employee Stock Option Scheme 2007. The exercise price in respect of these
options was Rs. 56.80/- per share.
Further the Company informed that with this allotment, the number of equity shares outstanding has increased from 18,47,80,000 to 18,47,81,000 and the paid up equity share capital from Rs. 36,95,60,000/- to Rs. 36,95,62,000/-.
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