Tube Investments Of India has informed that the Company has allotted today 8,500 equity shares of Re 1 each at an Exercise Price of Rs 270.20 per share. The above allotment is consequent upon the exercise of Stock Options by an eligible employee under the Employee Stock Option Plan 2017. This allotment, the number of equity shares outstanding has increased from 19,28,93,037 to 19,29,01,537 and the paid-up equity share capital from Rs 19,28,93,037 to Rs 19,29,01,537.
The above information is a part of company’s filings submitted to BSE.