Xelpmoc Design and Tech Limited has made an allotment of equity shares under its Employee Stock Option Scheme 2019. The company allotted 22,828 equity shares of face value ₹10 each to certain employees of the company. This allotment was made pursuant to the exercise of vested options by these employees.
The financial details of the transaction are:
- Number of options exercised: 22,828
- Exercise price per option: ₹10
- Total money realized from exercise: ₹2,28,280 (Rupees Two Lakhs Twenty Eight Thousand Two Hundred and Eighty Only)
As a result of this allotment, the company's issued, subscribed and paid-up share capital has increased to ₹14,82,23,210. This capital comprises 1,48,22,321 equity shares of face value ₹10 each.
The disclosure was signed by Vaishali Shetty, Company Secretary & Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Limited for record keeping.