Welspun India has informed that the Finance and Administration Committee of the board of directors at its meeting held on August 27, 2012 allotted 74,500 equity shares to various employees of the company who had exercised their options under ESOP scheme of the company. The equity shares allotted rank pari passu in all respect, including dividend, with the existing equity shares of the company. Subsequent to the allotment on August 27, 2012, equity share capital of the company.
The above information is a part of company's filings submitted to BSE.
