One 97 Communications allots shares under stock option schemes
One 97 Communications announced the allotment of 187,315 equity shares to eligible employees following the exercise of vested options under its One 97 Employees Stock Option Schemes. The decision was approved by the Nomination and Remuneration Committee of the Board on July 4, 2025. Of the total, 187,015 shares were issued under the 2019 scheme, and 300 shares under the 2008 scheme. Each share has a face value of INR1. Consequently, the company's issued, subscribed, and paid-up equity share capital has increased from 63,81,02,551 to 63,82,89,866 equity shares. All shares issued rank pari-passu with existing equity shares of the Company.
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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