IIFL Capital Services Limited has informed the Exchange regarding Allotment of 448210 Shares.
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IIFL Capital Services Limited has allotted 4,48,210 equity shares to its employees upon exercise of stock options under the IIFL Securities Limited Employee Stock Option Scheme – 2018 (IIFL ESOS - 2018). The allotment was approved by the Nomination and Remuneration Committee via circular resolution dated January 1, 2026. As a result, the company's total equity share base has increased from 31,08,67,784 to 31,13,15,994 shares of Rs. 2/- each. The newly issued shares will rank equally with existing equity shares from the date of allotment.
This is a routine ESOP allotment leading to a minor dilution of about 0.14% in the equity base. It signals employee confidence in the company but is unlikely to have any material impact on the stock price.