Mahindra CIE Automotive has informed that pursuant to exercise of options by certain applicants under the Company’s Employees Stock Option Scheme, the Board of Directors of the Company has issued and allotted 8,000 Equity Shares of face value of Rs 10 each at its meeting held on February 11, 2015. Consequent to the above allotment the paid up capital of the Company has been increased from Rs 3,227,882,050 to Rs 3,227,962,050.
The above information is a part of company’s filings submitted to BSE.
