The Board of Directors of the Company in their meeting held today i.e. January 30 2020 have allotted 12 638 equity shares of face value of Rs. 10/- each to the eligible employees who have exercised their stock options under Strides ESOP 2015 and Strides ESOP 2016. These shares shall rank in pari passu with the existing equity shares of the Company in all respects.
Consequent to above the paid-up share capital of the Company has increased from Rs. 89 55 28 260 divided into 8 95 52 826 equity shares of Rs. 10/- each to Rs. 89 56 54 640/- divided into 8 95 65 464 equity shares of Rs. 10/- each.