Outcome of Board Meeting

| Updated on April 28, 2015 Published on April 28, 2015

KPIT Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2015, has:

1. Allotted 129,993 equity shares of Rs. 2/- each as fully paid up, under the employees stock option schemes of the Company. On such allotment, the paid up share capital of the Company stands increased to Rs. 393,794,428/- divided into 196,897,214 equity shares of Rs. 2/- each fully paid up.

2. Formulated a new employees stock option scheme, subject to the approval of the members, for issue of stock options giving the right to the option holders to subscribe to a maximum of 2,500,000 equity shares of the Company. A more detailed investor communication on the proposed stock option scheme is enclosed.

Pdf Link: Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on April 28, 2015
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