Onward Technologies allots shares under 2019 ESOP

Onward Technologies Limited, through a resolution passed on October 6, 2025, has allotted 6,500 equity shares under its Employee Stock Option Scheme, 2019 (ESOP 2019). The shares, each with a face value of ₹10 and a premium of ₹10, were issued to eligible employees who exercised their vested options. This allotment brings the total number of issued shares to 22,738,470, with the total issued share capital now standing at ₹227,384,700.

The equity shares were issued at an exercise price of ₹20 per share. These newly allotted shares will rank pari-passu with the existing equity shares of the company. The company also confirmed that there are no lock-in provisions or listing fees applicable for these shares.

The allotment details were disclosed in compliance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.