Allotment of Equity Shares pursuant to exercise of stock options under ESOS

• Security Code: 517569
• Company: KEI

KEI Industries Ltd has informed BSE that at the meeting of the Share Allotment Committee of the Board of Directors of the Company held on September 24, 2016, Share Allotment Committee has allotted 5,60,000 Equity Shares of face value of Rs. 2/- each to the eligible employees under "KEI Employees Stock Option Scheme - 2015" upon exercise of 5,60,000 Options at an exercise price of Rs. 35/- per Option/Equity Share . The said Equity shares shall rank pari-passu with the existing equity shares of the Company in all respect.

Consequent to the said allotment, the paid-up Equity Share Capital of the Company stands increased from Rs. 15,44,74,876/- to Rs. 15,55,94,876/- divided into 7,77,97,438 Equity Shares of face value of Rs. 2/- each.