Mahindra CIE Automotive has informed that the Allotment Committee of Board of Directors of the company vide its resolution passed on 29th November, 2018 issued and allotted 159,358 Equity Shares of face value of Rs 10 each, pursuant to exercise of options by the eligible employee under the company's Employees' Stock Option Scheme, 2007 and 2015. Consequent to the said allotment, the issued capital increased from Rs 3,786,225,190 to Rs 3,787,818,770 and the subscribed and paid up capital of the company is increased from Rs 3,786,215,740 to Rs 3,787,809,320.
The above information is a part of company’s filings submitted to BSE.
