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Mahindra CIE Automotive informs about Outcome of Board Meeting

12 May 2015 Evaluate

Mahindra CIE Automotive has informed that the Board of Directors of the Company at its meeting held on May 11, 2015 issued and allotted 1,38,491 Equity Shares of face value of Rs 10 pursuant to exercise of options by certain applicants under the Company’s Employees Stock Option Scheme. Consequent to the allotment the paid up capital of the Company has been increased from Rs 3,229,762,620  to Rs 3,231,147,530.

The above information is a part of company’s filings submitted to BSE.

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