Carborundum Universal Ltd.

Carborundum Universal has informed that the compensation and nomination committee of Carborundum Universal has granted 151,600 options, to its employees, under the company's ESOP scheme 2007 at its meeting dated February 04, 2012. The options were granted at an exercise price of Rs 155 per share, which is the closing price on the National Stock Exchange as on February 03, 2012.

The above information is part of company’s filing submitted to the BSE.