India Infoline has informed that The Compensation Committee of the Board of Directors of the Company by way of circular resolution dated January 04, 2014 allotted 4,30,820 equity shares to the eligible employee(s) upon exercise of stock options under Employee Stock Option Schemes. Upon allotment, the equity base of the Company stand increased from 29,55,93,483 equity shares to 29,60,24,303 equity shares of Rs. 2/- each.
The above information is a part of company’s filings submitted to BSE.