Intimation to BSE Limited and National Stock Exchange of India Limited regarding allotment of equity shares pursuant to exercise of stock options under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Mr. Randhir Singh, Managing Director and Executive Vice Chairman of the Company, approved the allotment of 14,703 equity shares of face value ₹10 each. This approval was made pursuant to authority conferred by the Board of Directors through a resolution passed at their meeting held on May 11, 2025, and communicated via letter no. ICFL/LS/099/2026-27 dated September 15, 2026.
The shares were allotted under the IndoStar ESOP Plan 2018.
Capital Structure Impact
Consequent to this allotment, the paid-up equity share capital of the Company has increased:
- From: ₹1,61,65,54,040 consisting of 16,16,55,404 equity shares
- To: ₹1,61,67,01,070 consisting of 16,16,70,107 equity shares
This represents an increase of ₹1,47,030 in paid-up capital and 14,703 additional equity shares.