Finkurve Financial Services Limited has informed the Exchange regarding Board meeting held on October 09, 2025.
FINKURVE · price
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Finkurve Financial Services has filed a revised outcome of its Board Meeting held on October 9, 2025, correcting an earlier date error (September 17, 2025 was mistakenly mentioned). The Board approved the allotment of 31,282 equity shares of face value Re. 1 each at an exercise price of Rs. 27 per share under the Finkurve ESOP Plan 2018. The shares were allotted to two employees: Mr. Sagar Nishar (Head – Investment & Strategy) received 22,312 shares, and Mr. Akash Jadhav (Executive Assistant) received 8,970 shares. As a result, the company's paid-up equity capital increased from Rs. 14,00,19,206 to Rs. 14,00,50,488, with the new shares ranking equally with existing shares.
Minor dilution of about 0.002% in existing equity due to ESOP allotment. No material impact on share price expected, though it signals ongoing employee incentivization under the 2018 ESOP plan.