Borosil has informed that the ESOP Share Allotment Committee has passed a resolution by circulation on August 24, 2022, approving the allotment of 8,700 equity shares under the 'Borosil - Special Purpose Employee Stock Option Plan 2020'. The issued and paid-up equity share capital stands increased to Rs 11,42,33,807 divided into 11,42,33,807 equity shares of face value of Re 1 each. The Company has already received the in-principle approval in respect of these shares from National Stock Exchange of India vide letter no. NSE/LIST/25564 dated December 30, 2020 and BSE vide letter no. DCS/FL/JR/ESOP-IP/982/2020-21 dated January 25, 2021. The Equity shares allotted shall rank and are identical in all respect with the existing equity shares including payment of dividend and other rights. The disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular dated September 09, 2015 is enclosed as ‘Annexure- A’ and the details required under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 are annexed as ‘Annexure- B’. The aforementioned information is also available on the Company's website at www.borosil.com.
The above information is a part of company’s filings submitted to BSE.
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