IIFL Finance Limited — QIP/Rights/Pref., 10-12-2024: Allotment of Securities
10-12-2024 | 04:20 pm
10-12-2024 | 04:20 pm
The Nomination and Remuneration Committee has approved the allotment of 24,096 equity shares to employees upon exercising stock options under the Employee Stock Option Scheme. Following this allotment, the total equity base of IIFL Finance Limited will increase from 42,44,55,320 to 42,44,79,416 equity shares, each with a face value of ₹2. This move is aimed at further aligning employee interests with company performance.
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