Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Stove Kraft has informed that the Nomination and Remuneration Committee of the Company by way of Circular Resolution passed on March 21, 2022, has approved the allotment of 1,10,000 Equity Shares of Rs 10 each to the eligible employee of the Company pursuant to the exercise of options under the ‘Stove Kraft Employee Stock Option Plan 2018’ at the exercise price of Rs 150.00 per share. The post allotment, the paid-up capital of the Company is increased from Rs 32,75,78,670 consisting of 3,27,57,867 Equity Shares of Rs 10 each to Rs 32,86,78,670 consisting of 3,28,67,867 Equity Shares of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.
