IIFL Wealth Management has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company by way of circular resolution passed on August 23, 2021, has allotted 1,47,729 equity shares of face value Rs 2 each, to the employees, upon exercise of stock options under Employee Stock Options Scheme(s) of the Company. Consequent to the aforesaid allotment, the issued, subscribed and paid-up capital of the Company stands increased from Rs 17,64,81,340 comprising of 8,82,40,670 equity shares of Rs 2 each, to Rs 17,67,76,798 comprising of 8,83,88,399 equity shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.
