IIFL Securities has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company by way of circular resolution dated July 20, 2024, allotted 429108 Equity Shares to the employees of the Company on exercise of stock options under IIFL Securities Employee Stock Option Scheme – 2018 (IIFL ESOS - 2018). The said equity shares shall rank with the existing equity shares from the date of allotment. Upon allotment, the equity base of the Company stands increased from 308128595 to 308557703 Equity Shares of Rs. 2/- each.
The above information is a part of company’s filings submitted to BSE.