Man Industries (India) has informed that the compensation committee of the board of directors of the company at its meeting held October 15, 2012 has issued and allotted 26,64,000 fully paid equity shares of face value of Rs. 5 each to MIL Employee Welfare Trust at the market price (i.e. Rs. 195.40 per share, being the market price in terms of the SEBI Guidelines for employee stock options) for the benefit of and in trust for the eligible employees pursuant to MIL Employee Stock Option Scheme.
The above information is a part of company's filings submitted to BSE.
