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Indiabulls Real Estate issues and allots over 14.52 lakh equity shares under ESOP

The Company has issued and allotted 14,52,020 fully paid-up Equity shares of face value Rs. 2/- each.

December 01, 2021 9:28 IST | India Infoline News Service
Indiabulls Real Estate Ltd has informed that on November 30, 2021, the Company has issued and allotted 14,52,020 (Fourteen Lakh Fifty Two Thousand and Twenty only) fully paid-up Equity shares of face value Rs. 2/- each, to eligible employees upon exercise of options vested in their favour under various ESOP Schemes of the Company.

Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 90,93,27,752/- divided into 45,46,63,876 Equity shares of face value Rs.2/- each, to Rs.91,22,31,792/- divided into 45,61,15,896 Equity shares of face value Rs.2/- each.

At around 9:29 AM, Indiabulls Real Estate was trading at Rs167.50 apiece down by Rs0.45 or 0.27%. 

Previously, the  scrip ended at Rs167.95 apiece on the BSE. The current market cap of the company is Rs7,636.08cr.

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PRESTIGE (NSE)

The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

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