Frog Cellsat Limited — Others, 14-08-2025: ESOP/ESOS/ESPS
14-08-2025 | 11:28 am
14-08-2025 | 11:28 am
Frog Cellsat has issued a revised intimation regarding the allotment of 25,400 equity shares to employees under its Employee Stock Purchase Scheme (ESPS 2023). A clerical error in the distinctive number range was corrected. These shares were issued at an exercise price of Rs. 10 each and are subject to a one-year lock-in period. This allotment increases the company's paid-up share capital from Rs. 15.53 Cr to Rs. 15.55 Cr. This ongoing scheme aims to align employee interests with company performance.
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