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Sunday, April 17, 2011

Tube Investments of India Ltd: Allotment of Equity Shares

Tube Investments of India Ltd has informed BSE that on April 16, 2011, the Company has allotted 26,539 equity shares of Rs.2/- each as per details given below:

(a) 20,329 shares at an exercise price of Rs.56.80/- per share and
(b) 6,210 shares at an exercise price of Rs.62.85/- per share

The above allotments are consequent upon the exercise of Stock Options by the eligible employees under the Employee Stock Option Scheme 2007.

With this allotment, the number of equity shares outstanding has increased from 18,56,66,931 to 18,56,93,470 and the paid up equity share capital from Rs.37,13,33,862/- to Rs.37,13,86,940/-.

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