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IIFL Securities informs about allotment of equity shares under ESOP

15 Jan 2022 Evaluate

IIFL Securities has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company by way of circular resolution dated January 15, 2022 allotted 296311 Equity Shares to the employees of the Company on exercise of stock options under IIFL Securities Limited Employee Stock Option Scheme-2018 (IIFL ESOS - 2018) and IIFL Securities Stock Option Scheme 2019-Demerger Scheme (ISL-Demerger Scheme). The said equity shares shall rank with the existing equity shares from the date of allotment. Upon allotment, the equity base of the Company stand increased from 30,35,63,157 to 30,38,59,468 Equity Shares of Rs 2 each.

The above information is a part of company’s filings submitted to BSE.

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