Subex Azure - Allotment Of Equity Shares

Subex Azure Ltd has informed that the Allotment Committee of the Board of Directors of the Company have considered and approved the allotment of 4,314 equity shares pursuant to exercise of ESOPs by its eligible employees under the ESOP scheme 2000 and ESOP scheme 2005 on October 10, 2007.

Further the Company has informed that, consequent to the above allotment, the paid up equity share capital of the Company has gone up from Rs 34,84,10,6l0/- (3,48,41,061 equity shares of Rs 10/- each) to Rs 34,84,53,750 (3,48,45,375 equity shares of Rs 10/- each).