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Wednesday, May 18, 2011

Carborundum Universal Ltd: Allotment of Shares under ESOP Scheme

Carborundum Universal Ltd has informed BSE that on May 18, 2011, the Company has allotted 17,308 shares of Rs. 2/- each arising out of the exercise of stock options, granted to three employees under the Employees Stock Option Scheme 2007. The exercise price in respect of these options was Rs. 183.60/- per share.

With this allotment the number of equity shares outstanding is 93,528,515 and the paid-up-capital equity share capital is Rs. 187,057,030/-

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