Affle 3i Limited — Others, 06-12-2024: ESOP/ESOS/ESPS

Affle (India) Limited has allotted 48,450 equity shares of Rs. 2 each to its Employees’ Welfare Trust under the Employee Stock Option Scheme, 2021. This brings the company's total issued and subscribed share capital to Rs. 280.81 crore, comprising 140.41 million equity shares. The company is in the process of listing these shares on the NSE and BSE. While this allotment is strategically aimed at employee engagement, its minimal material impact might lead to a neutral investor reaction, emphasizing the prioritization of human capital without significant changes to financial health.