IIFL Securities has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company by way of circular resolution allotted 3,75,000 Equity Shares to the employees of the Company on exercise of stock options under IIFL Securities Employee Stock Option 2019 - Demerger Scheme. Upon allotment, the equity base of the Company stand increased from 31,92,34,462 to 31,96,09,462 Equity Shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.
