WeP Solutions Limited has made a regulatory disclosure regarding the allotment of equity shares under its Employee Stock Option Plan (ESOP).
Board Approval and Date
The Board of Directors of the company approved the allotment at a meeting held on Saturday, 08 August 2026 at Bangalore.
Allotment Details
The company allotted 1,25,900 equity shares of ₹10 each to eligible employees who exercised their vested options under the following ESOP plans:
- Employees Stock Option Plan 2011
- Employees Stock Option Plan 2016
- Employees Stock Option Plan 2023
Share Characteristics
- Par value: ₹10 per equity share
- Exercise price: ₹10 per equity share
- Premium: NIL
- The allotted shares rank pari-passu with existing equity shares in all respects
- No lock-in restrictions apply to these shares
- Shares issued in dematerialized form (no physical certificates)
Capital Structure Impact
Consequent to the allotment, the company's paid-up share capital has increased as follows:
- From: 3,68,29,112 equity shares aggregating to ₹36,82,91,120
- To: 3,69,55,012 equity shares aggregating to ₹36,95,50,120
Share Identification Details
- Distinctive number range: 36830278 to 36956178
Stock Exchange Approvals
The company has received the following approvals for its ESOP plans:
- BSE Approval Date: 14 January 2013 (Ref: DCS/IPO/PS/ESOP-IP/745/2012-13)
- BSE Approval Date: 20 March 2017 (Ref: DCS/IPO/KS/ESOP-IP/1768/2016-17)
- BSE Approval Date: 31 January 2018 (Ref: DCS/IPO/AJ/ESOP-IP/2508/2017-18)
- BSE Approval Date: 17 November 2023 (Ref: DCS/IPO/JP/ESOP-IP/2976/2023-24)
Additional Information
- The company will submit necessary documents for listing shortly
- The information will be available on the company's website at www.wepsol.com
- Annual listing fees for 2026-27 was already paid via NEFT/AXISP00788275384 to BSE LIMITED on 14/04/2026
- No additional listing fees are payable as the increased listed capital remains below ₹150 crores