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Mahindra CIE Automotive allots equity shares

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Capital Market
Last Updated : Mar 21 2014 | 12:01 AM IST

Under ESOS

The Board of Directors of Mahindra CIE Automotive has issued and allotted 80,017 equity shares of face value of Rs 10 each vide its Board resolution dated 19 March 2014 pursuant to exercise of options by certain applicants under the Company's employees' stock option scheme.

Consequent to the above allotment, the paid up capital of the Company has been increased from Rs 92.26 crore to Rs 92.34 crore.

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First Published: Mar 20 2014 | 12:19 PM IST

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