The Stakeholders Relationship Committee (SRC) of Board of Directors of Equitas Holdings Ltd has, on January 20, 2017, approved allotment of 2,33,762 Equity shares of Rs. 10/- each to the option grantees who have exercised their options vide Resolution by Circulation dated January 18, 2017. The Company is in the process of applying for the final listing of the above shares from NSE and BSE.
The paid up share capital of the Company will accordingly increase from Rs. 337,21,50,780 to Rs. 337,44,88,400.
The new equity shares issued shall rank pari passu with existing equity shares.