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Mahindra CIE Automotive allots equity shares

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Capital Market
Last Updated : Feb 13 2015 | 12:01 AM IST

Under ESOS

Mahindra CIE Automotive announced that pursuant to exercise of options by certain applicants under the Company's Employees' Stock Option Scheme, the Board of Directors of the Company has issued and allotted 8,000 Equity Shares of face value of Rs. 10/- each at its meeting held on 11 February 2015.

Consequent to the above allotment, the paid up capital of the Company has been increased from Rs. 3,227,882,050/- to Rs. 3,227,962,050/-.

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First Published: Feb 12 2015 | 9:55 AM IST

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