Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Welspun Corp has informed that, today the Company has allotted 5,65,000 equity shares of Rs 5 each fully paid-up upon exercise of Employee Stock Option under Welspun Employee Stock Option Scheme-2005 (WELSOP-2005). The said equity shares shall rank in all respect with the existing equity shares of the Company. Post this allotment, the paid-up equity share capital of the Company stand increased from Rs 130,47,46,975 divided in to 26,09,49,395 equity shares of Rs 5 each to Rs 130,75,71,975 divided in to 26,15,14,395 equity shares of Rs 5 each.
The above information is a part of company’s filings submitted to BSE.
