Onward Technologies Limited — QIP/Rights/Pref., 17-12-2024: Allotment of Securities

Onward Technologies has allotted 17,000 equity shares under the Employee Stock Option Scheme, 2019, at an exercise price of ₹20 per share (₹10 face value and ₹10 premium). The shares were issued to eligible employees who exercised their options. Following this issuance, the total issued share capital of the company now stands at ₹22.67 crore. This increase reinforces employee engagement and aligns their interests with shareholders, contributing positively to the company's overall capital structure.