ALPHA TRIBE

Religare Enterprises LimitedQIP/Rights/Pref., 04-12-2024: Allotment of Securities

04-12-2024 | 05:16 pm

The Investment, Borrowing and Share Allotment Committee of Religare Enterprises Limited has allotted 3,10,500 equity shares under the Employee Stock Option Plan 2019 (REL ESOP Plan 2019). This allotment increases the company's paid-up equity capital from Rs. 3,30,29,51,630, divided into 33,02,95,163 shares, to Rs. 3,30,60,56,630, divided into 33,06,05,663 shares. This exercise reflects the company's commitment to employee incentives and aims to enhance shareholder value.

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