ALPHA TRIBE

One 97 Communications LimitedQIP/Rights/Pref., 06-02-2025: Allotment of Securities

06-02-2025 | 11:03 pm

The Nomination and Remuneration Committee has approved the allotment of 1,36,528 equity shares to eligible employees under the Employees Stock Option Scheme 2019. The shares, with a face value of ₹1 each, were issued at an exercise price of ₹9, resulting in a total increase in paid-up equity share capital from ₹637.53 crore to ₹637.67 crore. This allotment will enhance employee participation and alignment with company performance. Following this issuance, the company will have 637,667,471 equity shares outstanding.

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