IIFL Finance Limited has informed the Exchange regarding allotment of 60211 securities pursuant to ESOP at its meeting held on August 11, 2025
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IIFL Finance Limited has allotted 60,211 equity shares to employees upon exercise of stock options under its Employee Stock Option Scheme. The allotment was approved by the Nomination and Remuneration Committee via a circular resolution dated August 11, 2025. As a result, the total equity share base of the company has increased from 42,49,30,467 to 42,49,90,678 shares, each with a face value of Rs. 2. This is a routine disclosure informing the exchanges about the change in share capital due to ESOP exercises.
Minor dilution for existing shareholders due to the issuance of new shares under ESOP. However, the impact is negligible given the small number of shares (60,211) relative to the total equity base of over 42.49 crore shares.