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Axiscades Technologies informs about allotment under ESOP

05 Dec 2022 Evaluate
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (SEBI LODR Regulations), Axiscades Technologies has informed that the Nomination and Remuneration Committee of the Company has approved on December 03, 2022 the allotment of 196,280 Equity Shares of face value of Rs 5 each of the Company to 16 (Sixteen) eligible grantees under ‘AXISCADES ESOP 2018 - Series 2’ or Scheme. Consequent to this allotment, the paid-up share capital of the Company stands increased from Rs 190,015,150 consisting of 38,003,030 Equity Shares of Rs 5 each to Rs 190,996,550 consisting of 38,199,310 Equity Shares of Rs 5 each. In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SEBI Regulations), the details of shares allotted as above are given in Annexure I to this intimation.

The above information is a part of company’s filings submitted to BSE.

Axiscades Tech. Share Price

1882.85 86.40 (4.81%)
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