5paisa allots 20.50 lakh shares for Giskard Datatech share swap
5PAISA · price
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The board allotted 20,50,588 fully paid equity shares at ₹380 each, totalling ₹77.92 crore, to Amber Pabreja and Devi Yeshodharan. This is a share swap, not a cash issue, in exchange for their collective 66,148 shares in Giskard Datatech. Paid-up shares rise from 4,68,82,257 to 4,89,32,845. The shares are subject to lock-in, and exchange listing approval is pending.
New shares equal about 4.4% of the pre-issue count, diluting existing holders. The deal adds a Giskard stake without cash outflow; lock-in may limit near-term selling.