The Stakeholders Relationship Committee (SRC) of Board of Directors of Equitas Holdings Limited has, on March 2, 2017, approved allotment of 1,77,264 Equity shares of Rs.10/- each to the option grantees who have exercised their options vide Resolution by Circulation dated February 28, 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.337,44,88,400 to Rs.337,62,61,040. The new equity shares issued shall rank pari passu with existing equity shares.
Source : Equity Bulls
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