One 97 Communications informs about allotment of equity shares under ESOP

06 Aug 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 (committee) on August 5, 2024 at 11:59 pm (IST) through circulation, approved the allotment of 1,10,357 equity shares having face value of ? 1 each, as fully paid-up, to the eligible employees, upon exercise of vested options under Employee Stock Option Scheme 2019 (ESOP). Consequent to aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company stand increased from ? 636,274,090 (consisting of 636,274,090 equity shares of face value of ? 1 each) to ? 636,384,447 (consisting of 636,384,447 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 - A’. 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

959.05 13.80 (1.46%)
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