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Kaya informs about allotment of equity shares under ESOP

19 Sep 2024 Evaluate

Kaya has informed that the Nomination and Remuneration Committee of the Company vide circular resolution passed on September 19, 2024 has allotted 5,280 equity shares of Rs.10/- each under the Kaya Employee Stock Option Plan 2016 – Scheme IV to the eligible grantees, pursuant to exercise of stock options granted thereunder. Consequent to the aforesaid allotment, the paid-up share capital of the Company has increased from ‘1,30,92,261 equity shares of Rs 10 each aggregating to Rs 13,09,22,610 to '1,30,97,541 equity shares of Rs 10 each aggregating to Rs 13,09,75,410‘. 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 Annexures I to this intimation. Further, this intimation is in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, however, the company has clarified that aforesaid allotment of shares is not material in nature to the Company.

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

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