Tube Investments of India has informed that the company on July 16, 2012 has allotted 1,200 equity shares of Rs. 2 each at an exercise price of Rs. 56.80 per share and the above allotment is consequent upon the exercise of stock options by an eligible employee under the Employees Stock Option Scheme 2007.
Further, the company has informed that, in this allotment the number of equity shares outstanding has increased from 18,63,62,757 to 18,63,63,957 and the paid up equity share capital from Rs. 37,27,25,514 to Rs. 37,27,27,914.
The above information is a part of company's filings submitted to BSE.
