360 ONE WAM LIMITED has informed the Exchange regarding allotment of 87391 equity shares of face value Re. 1/- each, to the employee(s), upon exercise of stock options under Employee Stock Options Scheme(s) of the Company.
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360 ONE WAM Limited has allotted 87,391 equity shares with a face value of Re. 1 each to its employees. These shares were issued upon the exercise of stock options under the company's Employee Stock Options Scheme (ESOS). This is a routine corporate action related to employee compensation and incentives. The allotment slightly increases the company's total share count. It reflects ongoing utilization of the company's ESOP pool for employee rewards.
This is a minor, routine event with negligible impact on shareholders. It results in a small dilution of equity due to new share issuance under the ESOP scheme, but does not affect the company's financial position or operations.