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Infosys allots 2.23 lakh equity shares under 2015 Stock Incentive Compensation Plan

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Press Trust of India New Delhi
Last Updated : Feb 27 2020 | 10:28 PM IST

IT services major Infosys on Thursday said it has allotted 2.23 lakh equity shares under its 2015 Stock Incentive Compensation Plan to the CEO, COO and other eligible employees.

It further said the issued and subscribed share capital of the company has consequently "increased to Rs 21,29,44,27,185, divided into 4,25,88,85,437 equity shares of Rs 5 each".

In a regulatory filing, Infosys said it "has allotted 2,23,297 equity shares under the 2015 Stock Incentive Compensation Plan to the eligible employees of the company on February 26, 2020, pursuant to the exercise of Restricted Stock Units under ADR Issue."

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First Published: Feb 27 2020 | 10:28 PM IST

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