Carborundum Universal Ltd has informed that the Compensation & Nomination Committee on April 30, 2008, approved further grant of 12,400 options under the Carborundum Universal Ltd Employee Stock Option Scheme 2007 at an exercise price of Rs 118.05/- being the closing price on National Stock Exchange (where there was highest trading volume) as on April 29, 2008. All other terms and conditions of the options now granted are similar to the options granted earlier.
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