India Infoline has informed that the compensation committee of the board of directors of the company has by a circular resolution on December 16, 2011 allotted 3,700 equity shares to the eligible employee(s) upon exercise of stock options under Employee Stock Option Schemes of the company.
Upon allotment, the equity base of the company stand increased from 28,88,86,853 equity shares to 28,88,90,553 equity shares of Rs. 2 each.
The above information is part of the company’s filing submitted to the BSE.
