IIFL Wealth Management has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company vide resolution passed by circulation on June 15, 2022, has allotted 6,914 (Six Thousand Nine Hundred and Fourteen) 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 share capital of the Company has increased from 17,75,18,308 comprising of 8,87,59,154 equity shares of Rs 2 each to Rs 17,75,32,136 comprising of 8,87,66,068 equity shares of Rs. 2 each.
The above information is a part of company’s filings submitted to BSE.
