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InterGlobe Aviation's paid-up share capital goes up

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Press Trust of India New Delhi
InterGlobe Aviation, parent of low cost airline IndiGo, today said its paid-up share capital has increased after allotment of shares under the employees stock option scheme.

Shares of the company got listed in November last year following a stellar initial share sale that fetched more than Rs 3,000 crore.

The company has allotted little over 8.47 lakh shares on Wednesday to those grantees who had exercised their options under the "InterGlobe Aviation Ltd - Tenured Employees Stock Option Scheme 2015."

The said shares would rank pari-passu with the existing shares of the company in all respect, it said in a regulatory filing.
 

"Consequent to the said allotment the paid up share capital of the company has increased from 360,356,544 to 361,203,806 equity shares of face value of Rs 10 each," it added.

Shares of the company closed almost unchanged at Rs 1,012.20 on the BSE.

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First Published: Jun 30 2016 | 5:57 PM IST

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