Religare Enterprises allots over 44 lakh equity shares under ESOP

The current market cap of the company is Rs4,304.83cr.

Aug 23, 2021 09:08 IST India Infoline News Service

Religare Enterprises Ltd has informed that the Investment, Borrowing and Share Allotment Committee has issued and allotted 44,06,150 equity shares of face value of Rs. 10/- each pursuant to exercise of stock options granted under the REL ESOP Plan 2019.

Pursuant to the aforesaid allotment, the issued, subscribed and paid up equity capital of the Company stands increased from Rs3,136,486,630/- divided into 313,648,663 equity shares of Rs10/- each to Rs 3,180,548,130/- divided into 318,054,813 equity shares of Rs. 10/- each.

The current market cap of the company is Rs4,304.83cr.

At around 9:33 AM, Religare Enterprises was trading at Rs138.15 apiece up by Rs0.9 or 0.66%.

Previously, the scrip ended at Rs137.25 apiece on the BSE.

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