PDS has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company on March 9, 2023 has approved the allotment of 32,850 (Thirty Two Thousand Eight Hundred and Fifty Only) Equity Shares of Rs 2 (Rupees Two Only) each to the employees of the Company, who have had exercised stock options vested under PDS Limited (Erstwhile PDS Multinational Fashions Limited) - Employee Stock Option Plan 2021 - Plan A. Consequent to the aforesaid allotment, the Issued, Subscribed and Paid-up Capital of the Company has increased to Rs 26,18,55,440 divided into 13,09,27,720 Equity Shares at the Face Value of Rs 2 each. The requisite disclosure as required under the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 are enclosed herewith as Annexure - I.
The above information is a part of company’s filings submitted to BSE.
