Approving Authority: Nomination and Remuneration Committee of the Company via resolution by circulation
Regulatory Reference: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 30) and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (Regulation 10(c))
Post-allotment total equity shares: 6,80,06,532 equity shares of ₹2 each
Dilution impact: Approximately 1.50% dilution (102,000 shares against new total of 6,800,532 shares)
Share characteristics: New shares rank pari-passu with existing equity shares
ESOP Scheme Background
Scheme name: WIL Employee Stock Options Plan 2020
Principal approval obtained for: 10,00,000 equity shares
BSE approval date: May 29, 2021 (Filing No. 131185)
NSE approval date: May 31, 2021 (Filing No. 27139)
Additional Information
Share certificates: Not applicable (Demat issuance)
Listing fees: No additional fees payable as company's paid-up capital (₹13.60 crore) remains within the ₹100 crore slab for which fees have already been paid