Awfis Space Solutions Limited has informed the Exchange regarding Allotment of Shares.
AWFIS · price
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Awfis Space Solutions Limited's Nomination and Remuneration Committee approved the allotment of 22,695 equity shares to eligible employees who exercised their vested stock options under the Employee and Director Stock Option Scheme 2015 (EDSOP 2015). The shares were issued at exercise prices of Rs. 144 and Rs. 54 per share, raising Rs. 32,42,160. The company's paid-up capital increased from Rs. 71,54,04,910 to Rs. 71,56,31,860. Additionally, the NRC granted 61,830 new employee stock options under the Awfis Space Solutions Employee Stock Option Scheme 2024 at an exercise price of Rs. 240 per option (30% discount to market price), with a four-year vesting period. Around 41,140 options lapsed under EDSOP 2015 and 1,53,734 options lapsed under the 2024 scheme.
This is a routine corporate action related to employee stock ownership. The dilution is minimal at approximately 0.003% of total shares. The granting of new options aligns talent retention with shareholder interests without immediate impact on the stock.