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Brainbees Solutions LimitedQIP/Rights/Pref., 29-03-2025: Allotment of Securities

29-03-2025 · 04:32 pm

Brainbees Solutions Limited has announced a board meeting on March 29, 2025, where the Nomination and Remuneration Committee approved the allotment of 3,00,086 equity shares through the exercise of employee stock options. This includes 1,75,994 shares under the Employee Stock Option Plan 2011 and 1,24,092 shares under the Brainbees Employees Stock Option Plan 2022, along with a transfer of 46,059 shares.

As a result, the company’s paid-up share capital has increased to Rs. 1,04,26,77,282. This issuance reflects the company's commitment to employee engagement and could enhance investor sentiment by aligning employee interests with shareholder value. Overall, this marks a positive outlook for the company’s growth strategy.

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