InterGlobe Aviation Limited — Important, 06-01-2025: Updates
The ESOP Allotment Committee of InterGlobe Aviation Limited has approved the allotment of 17,200 shares following the exercise of stock options under its Employee Stock Option Schemes. Specifically, 16,500 shares were allotted under the InterGlobe Aviation Limited - Employees Stock Option Scheme 2015 at an exercise price of ₹765 per share, and 700 shares under the InterGlobe Aviation Limited - Employees Stock Option Scheme 2023 at an exercise price of ₹10. Following this allotment, the total issued share capital increases to ₹386.41 crore. These developments reflect the company's ongoing commitment to employee compensation through equity, which may enhance motivation and align employee interests with shareholders. Positive outlook as this scheme continues to support talent retention.
