Credo Brands Marketing Limited — QIP/Rights/Pref., 23-10-2024: Allotment of Securities

Credo Brands Marketing Limited's Nomination and Remuneration Committee has approved the allotment of 141,000 equity shares at Rs. 2 each under the Credo Stock Option Plan 2020. This increases the company's paid-up share capital from Rs. 129,930,006 to Rs. 130,212,006. The shares, issued at an exercise price of Rs. 31.35 with no lock-in period, are identical to existing shares and listing fees have already been paid.