IIFL Wealth Management informs about allotment of equity shares under ESOS

20 Jul 2022 Evaluate

IIFL Wealth Management has informed that the Nomination and Remuneration Committee of the Board of Directors of the Company vide resolution passed by circulation on July 20, 2022, has allotted 36,608 equity shares of face value Rs 2 each, to the employees, upon exercise of stock options under Employee Stock Options Scheme(s) (ESOS) of the Company. Consequent to the aforesaid allotment, the issued, subscribed and paid-up share capital of the Company has increased from 17,75,32,136 comprising of 8,87,66,068 equity shares of Rs 2 each to Rs 17,76,05,352 comprising of 8,88,02,676 equity shares of Rs 2 each.

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

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