Issuance of 2 39 61 525 (Two crores thirty nine lakhs sixty one thousand five hundred and twenty five) equity shares of Re. 1 each to Patel Engineering Employees Welfare Trust (Trust) enabling/authorising the Board of Directors of the Company to create grant and issue from time to time in one or more tranches 2 39 61 525 employee stock options to or for the benefits of the employees of the Company under the existing Employee Stock Option Plan 2007.