Uno Minda has informed that the Nomination & Remuneration Committee of the Board of the Company on 08 August, 2022 approved the allotment of 400846 equity shares of the face value of Rs 2 each, pursuant to the exercise of options by the grantees under company’s Employees Stock Option Scheme, 2019. The Company is in the process of applying for the listing of these aforesaid shares with the stock exchanges NSE and BSE. The paid-up share capital of the Company stands increased from Rs 114,35,05,768.00 to Rs 14,43,07,460.00. In terms of Regulations 10(c) of the SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021 (‘SEBI Regulations’), the details of the share allotted as above are given in the Annexure-I to this intimation. Further, this intimation is in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, however, the company clarified that the aforesaid allotment of shares is not material in nature to the Company.
The above information is a part of company’s filings submitted to BSE.
