Tube Investments of India has informed that the committee of the board of directors has viz., December 05, 2011 has allotted 38,240 equity shares of Rs. 2 each consequent upon the exercise of Stock Options by four eligible employees under the Employee Stock Option Scheme 2007. The exercise price in respect of these options was Rs. 56.80 per share.
Further, with this allotment, the number of equity shares outstanding has increased from 18,60,18,936 to 18,60,57,176 and the paid up equity share capital from Rs. 37,20,37,872 to Rs. 37,21,14,352.
The above information is part of the company’s filing submitted to the BSE.
