Details of Allotment

Mr. Randhir Singh, Managing Director and Executive Vice Chairman of the Company, approved the allotment of equity shares pursuant to authority conferred by the Board of Directors through resolution passed at their meeting held on May 11, 2025. The approval was given via letter no. ICFL/LS/087/2026-27 dated August 12, 2026.

Breakdown of shares allotted:

  • 15,045 equity shares under IndoStar ESOP Plan 2018
  • 23,000 equity shares under IndoStar ESOP Plan 2016
  • 25,000 equity shares under IndoStar ESOP Plan 2012

Total shares allotted: 63,045 equity shares

All shares have a face value of ₹10 each.

Capital Structure Impact

Consequent to the allotment, the paid-up equity share capital of the Company has increased:

Before allotment:

  • Amount: ₹1,61,59,23,590 (₹161.59 crore)
  • Number of shares: 16,15,92,359 equity shares

After allotment:

  • Amount: ₹1,61,65,54,040 (₹161.66 crore)
  • Number of shares: 16,16,55,404 equity shares

Capital increase: ₹6,30,450 (63,045 shares × ₹10 face value)