Key Event

Board of Directors approved the allotment of equity shares to eligible employees upon exercise of vested stock options.

Board Meeting Details

The meeting was held on Friday, November 13, 2026, commencing at 03:00 PM (IST) and concluding at 04:00 PM (IST). The decision was taken on the recommendation of the Nomination and Remuneration Committee/Compensation Committee.

Allotment Details

  • Scheme Name: Zaggle Employee Stock Option Scheme 2022
  • Number of shares allotted: 1,22,504 equity shares
  • Face value: INR 1/- per share
  • Distinctive numbers: 13,44,58,446 to 13,45,80,949 (both inclusive)
  • Exercise price: INR 164 for 828 Equity Shares, INR 1 for 1,21,676 Equity Shares
  • Premium per share: INR 163 for 828 Equity Shares
  • Date of allotment: November 13, 2026

Capital Structure Impact

  • Pre-allotment capital: INR 13,44,58,445 (13,44,58,445 equity shares of INR 1 each)
  • Post-allotment capital: INR 13,45,80,949 (13,45,80,949 equity shares of INR 1 each)
  • Increase in capital: INR 1,22,504

Share Characteristics

The allotted shares shall rank pari-passu in all respects with existing Equity Shares of the Company. No lock-in restrictions apply to these shares.

Additional Details

  • Share certificate numbers: Not Applicable (Demat form)
  • Listing fees: Not Applicable