PB Fintech Limited — Important, 15-11-2024: Updates
15-11-2024 | 11:05 pm
15-11-2024 | 11:05 pm
The Nomination and Remuneration Committee has allotted 27,85,962 equity shares under the PB Fintech Employees Stock Option Plan 2021 to eligible employees, marking an increase in the company's issued and paid-up share capital from ₹91,22,19,928 to ₹91,77,91,852. This adjustment expands the number of equity shares from 45,61,09,964 to 45,88,95,926. These newly allotted shares will be identical in all respects to existing shares, ensuring consistency for shareholders. The company is moving forward with the necessary formalities for the listing of these allotted shares, which could enhance employee engagement and retention, indicating a positive outlook for future operational stability and performance.
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