One 97 Communications informs about approval for grant of stock options and allotment of equity shares

05 Apr 2024 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), One 97 Communications has informed that the Nomination and Remuneration Committee of the Board of the Company, on April 4, 2024 at 9:53 pm (IST), through circulation, has approved the following: 1. Grant of 91,250 Stock Options under One 97 Employees Stock Option Scheme 2019 (‘ESOP 2019’) to the eligible employees. Details as required to be disclosed under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular dated July 13, 2023, are enclosed as ‘Annexure – A’. 2. Allotment of 291,388 equity shares having face value of ? 1 each, as fully paid-up, to the eligible employees, upon exercise of vested options, as per the details enclosed. Consequent to aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company stand increased from ? 635,413,773 (consisting of 635,413,773 equity shares of face value of ? 1 each) to ? 635,705,161 (consisting of 635,705,161 equity shares of face value of ? 1 each). The statement under Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 is enclosed as ‘Annexure – B’. This disclosure will also be hosted on the Company's website: https://ir.paytm.com.

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

One97 Communications Share Price

964.30 19.05 (2.02%)
23-Dec-2024 13:53 View Price Chart
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