MoneyWorks4Me

SRG Housing Finance informs about allotment of shares under ESOS

11 Oct 2024 Evaluate

SRG Housing Finance has informed that the Nomination and Remuneration Committee of the Company has approved allotment of equity shares of the Company of face value of Re. 10/- each to the employees of the Company as under: • 15,500 equity shares pursuant to their exercising the stock options granted to them under the Employees Stock Option Scheme – 2023 (ESOS – 2023). The details of the shares allotted pursuant to Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 under ESOS – 2023 is given in Annexure A. Consequent to this allotment, the paid-up equity share capital of the Company stands increased from Rs. 14,27,626,30/- (consisting of 1,42,76,263 equity shares of face value of Rs. 10 each) to Rs. Rs. 14,29,17,630/- (consisting of 1,42,917,63 equity shares of face value of Rs. 10 each).

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

Peers