This is to inform you that the Company has allotted 5,261 equity shares of Re.1/- each arising out of the exercise of stock options, granted to the option grantee of the Company under the Company's ESOP Plan 2016 on 13th January 2023.
We wish to further inform you that consequent to this allotment, the number of equity shares outstanding is 18,99,08,874 and the paid-up equity share capital is Rs. 18,99,08,874/-.
Kindly acknowledge the receipt.
Thanking you.
Yours faithfully
For Carborundum Universal Limited
REKHA SURENDHIRAN
Digitally signed by REKHA SURENDHIRAN
Date: 2023.01.14 14:59:41 +05'30'
Rekha Surendhiran Company Secretary
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Carborundum Universal Ltd. published this content on 14 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2023 16:09:00 UTC.
Carborundum Universal Limited is an India-based solutions provider in abrasives, electrominerals, industrial ceramics, super refractories and energy storage materials. The Company's segments include Abrasives, Ceramics and Electrominerals. The Abrasives segment comprises bonded, coated, processed cloth, polymers, power tools and coolants. The Ceramics segment includes technical ceramics and super refractory solutions to address wear protection, corrosion resistance, electrical resistance, heat protection and ballistic protection. Its ceramics products are used in various industries, such as power generation and distribution, mining and ore processing, ferrous and non-ferrous industries, automotive, battery, glass, paper, food grain handling, petrochemicals, and ceramic tiles. The Electrominerals segment solutions include alumina zirconia, brown fused alumina, ceramic alumina, fine ceramic powders, fused zirconia, silicon carbide, white fused alumina and monocrystalline alumina.