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