Nature of Event
Allotment of 89,870 equity shares of ₹5 each to eligible employees under Associate (Employees) Stock Option Plan, approved by the Stakeholders Relationship Committee (SRC) via circular resolution on August 19, 2026.
Key Quantitative Figures
- Total equity shares allotted: 89,870
- Shares under Intellect Stock Option Plan 2015 (ISOP 2015): 46,201
- Shares under Intellect Incentive Plan Scheme 2018 (IIPS 2018): 43,669
- Face value per share: ₹5
- Issued share capital after allotment: ₹70,17,82,855
- Subscribed share capital after allotment: ₹70,17,82,855
- Total number of equity shares after allotment: 14,03,56,571
- Exercise price per share: ₹5 for both schemes, with no premium
- Distinctive number range of new shares: 14,03,66,702 to 14,04,56,571
Parties Involved
- Approving body: Stakeholders Relationship Committee (SRC) of the Board of Directors
- Stock exchanges: National Stock Exchange of India Limited (NSE) and BSE Limited (BSE)
- Beneficiaries: Eligible employees who exercised options
Impact
- Increase in issued and subscribed share capital from previous levels (not quantified) to ₹70,17,82,855 divided into 14,03,56,571 equity shares.
- New equity shares rank pari-passu with existing equity shares in all respects.
- No lock-in period applicable to the allotted shares.
- No listing fees payable for this issuance.
- Financial impact not quantified beyond the capital increase.
Additional Details
- Share certificate number: Not Applicable (likely issued in demat form)
- The schemes are titled Intellect Stock Option Plan 2015 (ISOP 2015) and Intellect Incentive Plan Scheme 2018 (IIPS 2018)
- Company is listed on BSE and NSE