Northern Arc Capital board approves allotment of 3,000 equity shares under its ESOP Plan 2016 via circular resolution.
Paid-up share capital increases from ₹161.81 crore to ₹161.81 crore after the ESOP allotment.
New shares will rank pari-passu with existing equity and listing applications will be submitted to BSE and NSE.
Disclosure made under SEBI Listing Regulations and uploaded on the company website.