ALPHA TRIBE

IndoStar Capital Finance LimitedQIP/Rights/Pref., 26-11-2024: Allotment of Securities

26-11-2024 | 07:14 pm

The Nomination & Remuneration Committee has allotted a total of 3,064 equity shares under the IndoStar ESOP Plans 2016 and 2018, consisting of 2,000 shares and 1,064 shares, respectively. The shares have a face value of ₹10 each. Following this allotment, the paid-up equity share capital increases to ₹136.08 crore, equating to 136,08,23,59 equity shares. This move reflects the company's commitment to employee incentives through stock options, enhancing its ownership structure and aligning employee interests with shareholder outcomes.

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