Kernex Microsystems (India) Limited has made a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the allotment of equity shares under its employee stock option scheme.
The Nomination and Remuneration Committee of the Company approved the allotment of 1,200 Equity Shares of face value of ₹10/- each to eligible employees upon exercise of options vested with them under the KMIL ESOS - 2023 scheme.
Key Quantitative Figures
- Number of shares allotted: 1,200 Equity Shares
- Face value per share: ₹10
- Exercise price per share: ₹25
- Premium per share: ₹15
- Pre-allotment issued capital: ₹16,80,24,220
- Post-allotment issued capital: ₹16,80,36,220
- Total issued shares after allotment: 1,68,03,622 shares
- Distinctive number range: 16802423-16803622
Capital Structure Impact
The allotment has increased the company's issued, subscribed and paid-up capital from ₹16,80,24,220 to ₹16,80,36,220. The new shares rank pari passu with the existing equity shares of the company. There are no lock-in restrictions applicable to these shares.
Additional Information
The disclosure includes all required details under Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The intimation will also be made available on the Company's website.