Mahindra CIE Automotive has informed that the Allotment Committee of Board of Directors of the Company vide its resolution passed on March 01, 2016 issued and allotted 50,086 Equity Shares of face value of Rs 10 pursuant to exercise of options by the eligible employees under the Company’s Employees Stock Option Scheme, 2007. Consequent to the allotment the paid up capital of the Company has been increased from Rs 3,233,360,480 to Rs 3,233,861,340.
The above information is a part of company’s filings submitted to BSE.
