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JM Financial allots equity shares

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Capital Market

Under ESOS

JM Financial announced that pursuant to the exercise of Stock Options by the eligible employees under the Employees' Stock Option Scheme, the Allotment Committee of the Board, at its meeting held on 16 April 2015, has allotted 16,59,799 equity shares of the face value of Re. 1/- (Rupee One Only) each.

Subsequent to the allotment of equity shares as above, the paid-up equity share capital of the Company is Rs. 78,53,83,476/- representing 78,53,83,476 equity shares of the face value of Re. 1/- each.

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First Published: Apr 17 2015 | 9:04 AM IST

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