Equitas Holdings Ltd allots 127883 Equity Shares

The Stakeholders Relationship Committee (SRC) of Board of Directors of Equitas Holdings Ltd has approved allotment of 1,27,883 Equity shares of Rs.10/- each to the option grantees who have exercised their options vide Resolution by Circulation on September 3, 2016. The Company is in the process of applying for the final listing of the above shares on NSE and BSE to complete the rest of the issue formalities.

The paid up share capital of the Company will accordingly increase from Rs. 336,82,82,650 to Rs. 3,36,95,61,480.

The new equity shares issued shall rank pari passu with existing equity shares.

Source : Equity Bulls

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