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Online travel aggregator ixigo has allotted more than 4.6 Lakh equity shares under its multiple existing employee stock option schemes (ESOS).
In a regulatory filing, ixigo said that the company’s board has approved allotment of 4,65,216 shares with a face value of INR 1 each to eligible employees under ESOS 2013, ESOS 2016, ESOS 2020 and ESOS 2021.
After the allotment of these shares, the company’s issued and paid-up share capital increased at INR 3,88,731,094 from INR 3,88,265,878.
Besides, the company has also expanded the pool size under ESOS 2012, ESOS 2013, ESOS 2016 by granting 6,90,796 stock options to the eligible employees under the schemes, ixigo said in a separate regulatory filing yesterday (December 27).
(The story will be updated soon)
The post ixigo Allots Over 4.6 Lakh Equity Shares Under Employee Stock Option Schemes appeared first on Inc42 Media.
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