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India Shelter Finance Corporation informs about allotment of equity shares

19 Nov 2024 Evaluate
In continuation to its Intimation for ‘Allotment of Equity shares against exercise of vested Employee Stock Options under ESOP Schemes of the Company’ on November 11, 2024. India Shelter Finance Corporation has informed that the Stakeholders Relationship Committee vide resolution passed by circulation dated November 18, 2024, has approved the modification in the earlier passed resolution dated November 11, 2024, to give effect to the modify number of shares allotted as 1,69,690 equity shares with total consideration amount aggregating to Rs.3,29,95,264.88. The paid-up share capital of the Company shall accordingly increase from Rs. 537,014,045 consisting of 107,402,809 equity shares having a face value of Rs. 5/- each to Rs. 537,862,495 consisting of 107,572,499 equity shares having a face value of Rs. 5/- each. Further, it has confirmed that the above allotted shares shall rank with the existing equity shares of the Company and the Company is in the process of completing the other formalities with respect to listing of the said allotted shares. The revised details as required as disclosure under Part E, Regulation 10(c) of SEBI ESOP Regulations are enclosed as ‘Annexure-I’.

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

India Shelter Fin. Share Price

803.15 -7.05 (-0.87%)
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