UTI Asset Management Company has informed that Nomination and Remuneration Committee of UTI Asset Management Company has approved the allotment of 303 equity shares of face value of Rs 10 each on 18th July, 2023 pursuant to the exercise of options by the 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 1,26,98,36,960 (12,69,83,696 equity shares of face value of Rs 10 each) to Rs 1,26,98,39,990 (12,69,83,999 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.