FilingReader Intelligence

IIFL Finance allots 70,683 equity shares under ESOPs

June 27, 2025 at 09:03 AM UTCBy FilingReader AI

IIFL Finance has announced the allotment of 70,683 equity shares to its employees upon the exercise of stock options under the Employee Stock Option Scheme (ESOP). The decision was made through a circular resolution dated June 13, 2025, approved by the Nomination and Remuneration Committee of the Board of Directors. Following the allotment, the company's equity base will increase from 42,48,59,784 to 42,49,30,467 shares, each having a face value of INR 2. The company has informed the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about this development.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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