Poonawalla Fincorp announced allotment of 25,08,000 equity shares

Poonawalla Fincorp announced allotment of 25,08,000 equity shares

The issue of shares are pursuant to the exercise of equivalent number of Awards under Restricted Stock Options Plan - 2014 of the company

FPJ Web DeskUpdated: Tuesday, February 28, 2023, 05:04 PM IST
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Poonawalla Fincorp announced allotment of 25,08,000 equity shares | Image credit: Poonawalla Fincorp(Representative)

Poonawalla Fincorp Limited has announced that the Board of Directors of the company on February 28, 2023 has allotted 25,08,000 equity shares of face value of Rs 2 each, via an exchange filing.

The issue of shares are pursuant to the exercise of equivalent number of awards under Restricted Stock Options Plan - 2014 of the company.

Pursuant to this allotment, the issued, subscribed and paid-up equity share capital of the company will stand increased to Rs. 153,58,67,934 consisting of 76,79,33,967 no.s equity shares.

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