Nature of the Event
KFin Technologies Limited has made a regulatory disclosure regarding the allotment of equity shares pursuant to the exercise of employee stock options.
Key Figures
- Number of Equity Shares Allotted: 18,657 shares
- Face Value per Share: ₹10 each
- Pre-allotment Paid-up Capital: ₹172,82,76,380 (17,28,27,638 equity shares)
- Post-allotment Paid-up Capital: ₹172,84,62,950 (17,28,46,295 equity shares)
- Capital Increase: ₹1,86,570
Parties Involved
- Issuing Company: KFin Technologies Limited
- Approving Authority: Nomination and Remuneration Committee of the Board of Directors
- Eligible Grantees: Employees under the KFin Employee Stock Option Plan 2020
Capital Structure Impact
- The equity share capital increased by 18,657 shares
- The paid-up capital increased from ₹172.83 crore to ₹172.85 crore
- Dilution impact: Minimal (approximately 0.108% increase in outstanding shares)
Purpose/Rationale
The allotment was made pursuant to exercise of options by eligible grantees under the KFin Employee Stock Option Plan 2020.