IIFL Capital Services allotted 1,355,979 equity shares to employees under ESOP Scheme 2018, increasing paid-up capital.
Company granted 129,493 new stock options at Rs 338.30 exercise price with 4-year vesting schedule.
Regulatory filing made to BSE and NSE under SEBI LODR Regulations following NRC committee approval.
Allotted shares rank pari-passu with existing equity shares and expand equity base from 313.45M to 314.81M shares.