Welspun Specialty Solutions has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company approved allotment of 6,67,850 equity shares on May 21, 2021 to the eligible employees of the Company who have exercised their options under RMG Alloy Steel - Employees Stock Option (Senior Management Personnel) Plan (ESOP) 2018. The equity shares allotted shall rank pari passu in all respects, including dividend, with the existing equity shares of the Company.
The above information is a part of company’s filings submitted to BSE.