The Nomination and Remuneration Committee approved the appointment of Mr. Parameshwar Raman and Mr. Anwar Shaikh as Trustees of the Faze Three Employee Trust, effective August 11, 2026.
The committee accepted the resignation of Ms. Shagufta Sadikot as a Trustee, effective from the closure of business hours on August 14, 2026.
Share Allotment Details
Allotment of 2,78,840 equity shares of face value ₹10 each to Faze Three Employee Trust.
Allotment price: ₹10 per equity share (at par value, no premium).
Allotment made under the Faze Three Employee Stock Option Scheme 2024.
Date of issue: August 11, 2026.
Share Characteristics
The allotted shares shall rank pari-passu with existing equity shares in all respects.
Shares will be transferred to eligible employees upon exercise of options held by them.
Capital Structure Impact
Total issued shares after this issue: 2,45,97,840 equity shares
Total issued share capital after this issue: ₹24,59,78,400 divided into 2,45,97,840 equity shares of ₹10 each
