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Allotment of Equity Shares

| Updated on June 09, 2011 Published on June 09, 2011

Indiabulls Financial Services Ltd has informed BSE that upon exercise of stock options vested, in terms of (1) IBFSL - ICSL Employees Stock Option Plan - 2006 and (2) Employees Stock Option Plan - 2008, by certain eligible employees, the Compensation Committee of the Board of Directors of the Company at its melting held on June 09, 2011, has allotted an aggregate of 61,520 (Sixty One Thousand Five Hundred and Twenty) Equity shares of face value Rs. 2/- each to such employees

Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 62,22,16,376/- divided into 31,11,08,188 Equity shares of face value Rs. 2/- each to Rs. 62,23,39,416/- divided into 31,11,69,708 Equity shares of face value Rs. 2/- each.

Source : BSE - >www.bseindia.com

Published on June 09, 2011
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