ALPHA TRIBE

Spicejet LtdImportant, 10-09-2025: Company Update

10-09-2025 | 01:15 am

SpiceJet's Board has allotted 1,24,100 new equity shares, each with a face value of Rs.10, under its Employee Stock Option Scheme – 2017. These shares were issued following the exercise of employee options, with an exercise price of Rs.10 per share. This issuance brings the total issued share capital to approximately Rs.1413.52 crore, comprising 1,41,35,21,267 equity shares. The new shares are identical to existing ones. This move enhances employee ownership, aligning their interests with company performance, though the allotment is not considered material for the company.

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