India Infoline informs about compensation meeting

07 Feb 2013 Evaluate

India Infoline has informed that the compensation committee of the board of directors of the company by way of a circular resolution dated February 06, 2013 allotted 3,64,200 equity shares to the eligible employee(s) upon exercise of stock options under employee stock option schemes.

Upon allotment, the equity base of the Company stand increased from 29,43,64,683 equity shares to 29,47,28,883 equity shares of Rs.2 each.

The above information is a part of company’s filings submitted to BSE.

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