Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Welspun Corp has informed that, today the Company has allotted 15,000 equity shares of Rs 5 each fully paid-up upon exercise of Employee Stock Option (ESOP). The said equity shares shall rank pari-passu in all respect with the existing equity shares of the Company. Post this allotment, the paid up equity share capital of the Company stand increased from Rs 1,304,346,975 divided in to 260,869,395 equity shares of Rs 5 each to Rs 1,304,421,975 divided in to 260,884,395 equity shares of Rs 5 each.
The above information is a part of company’s filings submitted to BSE.
