The company has approved the allotment of equity shares pursuant to the exercise of vested employee stock options under two separate schemes:
- ESOS 2016 Allotment: 22,500 (Twenty Two Thousand Five Hundred) Equity Shares
- ESOS 2022 Allotment: 10,000 (Ten Thousand) Equity Shares
Share Details:
- Face Value: ₹4 per share for all allotted shares
- Total Shares Allotted: 32,500 equity shares
- Status: Fully paid up
- Allottee: AFL ESOP Trust
Transaction Details:
- Approval Date: September 17, 2026
- Purpose: Shares allotted to the trust for subsequent transfer to eligible employees who exercised their options
- The equity shares will be transferred to eligible employees pursuant to exercise of options granted to them
Additional Announcements:
This filing serves solely as a notification of the ESOP allotment to the stock exchanges. No additional corporate updates or announcements were included in this disclosure.