Tube Investments of India has informed that the company on August 31, 2012 has allotted 47,881 equity shares of Rs. 2 each at an exercise price. The said allotments are consequent upon the exercise of stock options by the eligible employees under the Employees Stock Option Scheme 2007.
Further, the company has informed that this allotment, the number of equity shares outstanding has increased from 18,63,63,957 to 18,64,11,838 and the paid up equity share capital from Rs. 37,27,27,914 to Rs. 37,28,23,676.
The above information is a part of company's filings submitted to BSE.