Religare Enterprises Limited — QIP/Rights/Pref., 03-02-2025: Allotment of Securities
03-02-2025 | 11:36 am
03-02-2025 | 11:36 am
Religare Enterprises Limited's Investment, Borrowing, and Share Allotment Committee has allotted 48,000 equity shares under the Employee Stock Option Plan 2019, increasing the paid-up equity capital from ₹3,306.06 crore to ₹3,306.53 crore. Each share has a face value of ₹10. This allotment reflects the exercise of stock options by eligible employees. The overall number of equity shares now stands at 33,065,363. This move is part of the company's strategy to incentivize and retain talent through employee ownership.
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