FilingReader Intelligence

Poonawalla Fincorp allots new equity shares under ESOP

September 18, 2025 at 02:39 PM UTCBy FilingReader AI

Poonawalla Fincorp Limited announced on September 18, 2025, that its nomination and remuneration committee has allotted 88,020 new equity shares. These shares, each with a face value of Rs. 2/-, were issued under the company's Employee Stock Option Plan - 2021 and will rank pari-passu with existing equity shares.

As a result of this allotment, Poonawalla Fincorp's issued, subscribed, and paid-up equity share capital has increased to Rs. 1,62,48,89,436/-. The total number of equity shares now stands at 812,444,718, each with a face value of Rs. 2/-.

The company has requested both the BSE Limited and the National Stock Exchange of India Limited to take this information on record. This move signifies an expansion of the company's capital base, reflecting ongoing employee incentives and growth strategies.

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

BSE:POONAWALLABombay Stock Exchange

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