Corporate Announcement
Security Code : 532892    Company : MOTILALOFS    
 
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSDownload PDF Download XBRL
  Exchange Received Time  19/11/2019 10:52:36         Exchange Disseminated Time   19/11/2019 10:52:42              Time Taken   00:00:06
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform the Exchange that the Finance Committee of the Company at its Meeting held on November 19, 2019 has approved an allotment of 4,92,500 equity shares to those option grantees who had exercised their options under the following 'Motilal Oswal Financial Services Limited - Employees' Stock Option Schemes ('ESOP Schemes') of the Company:-

Name of the Scheme No. of Shares allotted
ESOP Scheme V 72,500
ESOP Scheme VI 16,000
ESOP Scheme VII 4,04,000
Total 4,92,500

The said equity shares will rank pari-passu with the existing equity shares of the Company in all respects.

Kindly take the same on record.
 

Disclaimer

Back To Announcements