Indiabulls Financial Services has informed that upon exercise of stock options vested, in terms of Employees Stock Option Plan - 2008 by certain eligible employees, the Compensation Committee of the board of directors of the company at its meeting held January 14, 2013, has allotted an aggregate of 30,145 equity shares of face value Rs. 2 each to such employees.
Consequent to the said allotment, the paid-up equity share capital of the company stands increased from Rs. 62,48,99,970 divided into 31,24,49,985 equity shares of face value Rs. 2 each to Rs. 62,49,60,260 divided into 31,24,80,130 equity shares of face value Rs. 2 each.
The above information is a part of company’s filings submitted to BSE.