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MosChip Technologies issues new shares under ESOP

August 26, 2025 at 12:42 PM UTCBy FilingReader AI

MosChip Technologies Limited, on August 26, 2025, approved the allotment of 104,517 new equity shares, each with a face value of Rs. 2, to eligible employees. This allotment was made pursuant to the exercise of vested options under various MosChip Stock Option Schemes, following a circular resolution by the nomination and remuneration committee of the board of directors.

The newly issued shares will rank pari-passu with the company's existing equity shares. This transaction has increased the total number of outstanding equity shares from 192,018,648 to 192,123,165. The company notified both the BSE Limited and the National Stock Exchange of India Limited regarding this allotment, adhering to Regulation 30 of the SEBI (LODR) Regulations, 2015.

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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