Repro India Limited has announced the allotment of 35,100 equity shares at a face value of Rs. 10 each to eligible employees of the company. This allotment follows the exercise of options vested with employees under the Repro India Limited - Employee Stock Option Scheme 2010, the company announced through an exchange filing.
The decision was taken by the Nomination and Remuneration Committee of the Board of Directors through a circular resolution dated October 24, 2023.
As a result of this allotment, the paid-up equity share capital of Repro India Limited has increased from Rs. 14,26,21,880, represented by 14,26,21,880 equity shares with a face value of Rs. 10 each, to Rs. 14,29,72,880, comprising 1,42,97,288 equity shares with a face value of Rs. 10 each.
The company is currently in the process of applying for listing on BSE Limited and National Stock Exchange of India Limited in relation to this allotment.
Repro India Limited shares
The shares of Repro India Limited on Monday at 3:30 pm closed at Rs 709.80, up by 0.25 percent.