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India Shelter Finance Corporation Limited has announced a board meeting to allot 73,068 equity shares arising from the exercise of vested Employee Stock Options under its ESOP 2021 and ESOP 2023 schemes. This issuance increased the paid-up share capital to Rs. 5.40 Cr, comprising 108,007,487 equity shares of Rs. 5 each. The shares issued are identical to existing shares and the company is completing listing formalities. The exercise prices ranged between Rs. 154.80 and Rs. 207.70 per share, reflecting the company’s ongoing efforts to incentivize employees and align their interests with shareholders.
All announcements from India Shelter Finance Corporation Limited