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Info Edge (India) allots equity shares

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Under ESOP

Info Edge (India) announced that pursuant to the authorization given by the Board, the Committee of Executive Directors at its meeting held on 26 September 2016 has approved the allotment of 2,00,000 equity shares of face value of Rs. 10/- each to the Info Edge Employee Stock Option Plan Trust at Rs. 100/- per share which includes Rs. 90/- per share as premium. These shares shall rank pari passu with the existing equity shares of the Company, in all respects.

With this allotment, the paid up capital of the Company will accordingly increase from Rs. 1,209,161,590 (120,916,159 equity shares of Rs. 10/- each) to Rs. 1,211,161,590 (121,116,159 equity shares of Rs. 10/- each).

 

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First Published: Sep 26 2016 | 8:12 PM IST

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