UTI AMC Allots Equity Shares To Employees As ESOPs

UTI AMC Allots Equity Shares To Employees As ESOPs

The face value of the equity shares is Rs 10 each.

FPJ Web DeskUpdated: Thursday, August 10, 2023, 12:52 PM IST
article-image
UTI AMC Allots Equity Shares To Employees As ESOPs | Image: UTI Mutual Fund (Representative)

UTI Asset Management Company Limited (UTI AMC) on Thursday announced the allotment of 2,530 equity shares of face value of Rs 10 each pursuant to the exercise of options by the eligible employees under ‘UTI AMC Employee Stock Option Scheme – 2007’, the company announced through an exchange filing.

The face value of the equity shares is Rs 10 each.

With this allotment, the issued and paid-up share capital of the Company shall be increased from Rs 1,26,98,39,990 (12,69,83,999 equity shares of face value of Rs 10 each) to Rs 1,26,98,65,290 (12,69,86,529 equity shares of face value of Rs 10 each).

UTI Asset Management Company Limited shares

The shares of UTI AMC on Thursday at 12:48 pm IST  were at Rs 769.55, down by 0.67 percent.

RECENT STORIES

'This Is How Respect Is Earned': Harsh Goenka Praises Singapore PM Lawrence Wong for Choosing...

'This Is How Respect Is Earned': Harsh Goenka Praises Singapore PM Lawrence Wong for Choosing...

Freshara Agro Exports SME IPO: Public Offer To Begin On October 17

Freshara Agro Exports SME IPO: Public Offer To Begin On October 17

Raptee HV T30 Electric Motorcycle Hits Indian Market with a Price Tag of Rs 2.39 Lakh

Raptee HV T30 Electric Motorcycle Hits Indian Market with a Price Tag of Rs 2.39 Lakh

'Consensus And Connectivity Have Been Linked Together': PM Modi At The World Telecommunication...

'Consensus And Connectivity Have Been Linked Together': PM Modi At The World Telecommunication...

Maruti Suzuki Launches Baleno Regal Edition: Limited-Period Offer Across All Variants

Maruti Suzuki Launches Baleno Regal Edition: Limited-Period Offer Across All Variants