CMS Info Systems: Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS | Value Research

CMS Info Systems: Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Dear Sir/Madam With reference to the captioned subject we wish to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Company on August 30 2022 has approved the allotment of 374 635 (Three Lakhs Seventy-Four Thousand Six Hundred Thirty-Five) equity shares of face value Rs. 10/- (Rupees Ten Only) each to eligible employees of the Company under CMS Employees Stock Option Plan 2016 (CMS Employees ESOP 2016).The equity shares allotted under the CMS Employees ESOP 2016 shall rank pari passu in all respects with the existing equity shares of the Company.Consequent to the above allotment of equity shares the paid-up equity share capital of the Company shall stand increased from Rs. 1 53 68 91 930/- consisting of 15 36 89 193 equity shares of face value Rs.10/- each to Rs. 1 540 638 280/- consisting of 154 063 828 equity shares of face value Rs.10/- each.

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