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UTI Asset Management Company informs about allotment of equity shares under ESOP

17 Mar 2023 Evaluate
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, UTI Asset Management Company has informed that Nomination and Remuneration Committee of UTI Asset Management Company has approved the allotment of 1,169 equity shares of face value of Rs 10 each pursuant to the exercise of options by eligible employees under ‘UTI AMC Employee Stock Option Scheme - 2007’. Post the aforesaid allotment, the issued and paid-up share capital of the Company shall be increased from Rs 1,26,98,25,260 (12,69,82,526 equity shares of face value of Rs 10 each) to Rs 1,26,98,36,950 (12,69,83,695 equity shares of face value of Rs. 10 each). The new equity shares shall rank pari-passu in all respects with the existing equity share capital.

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

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