Sadbhav Engineering has informed that the board of directors, on November 14, 2011, has approved allotment of 4,08,500 equity shares of Re. 1 each to the eligible employees on exercise of stock options under the Sadbhav Employee Stock Option Scheme 2008 (ESOS Scheme 2008). The paid up equity share capital of the company post allotment is 15,02,84,300 equity shares of Re. 1 each aggregating to Rs. 15,02,84,300.
The above information is part of the company’s filing submitted to the BSE.