News Announcement

Tilaknagar Industries: Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (the Listing Regulations) we wish to inform that the Board of Directors of the Company through circular resolution passed on Wednesday February 23 2022 has considered and approved the allotment of 9 66 430 (Nine Lakhs Sixty Six Thousand Four Hundred and Thirty) equity shares having face value of Rs. 10/- each at an issue price of Rs. 15/- each and Rs. 31/- each as applicable to employees of the Company pursuant to exercise by such employees of the options granted to them under ESOP Scheme 2010 and ESOP Scheme 2012.The said equity shares allotted shall rank pari-passu in all aspects with the existing equity shares of the Company and will be listed on the National Stock Exchange of India Limited and BSE Limited.We request you to kindly take the above on your record.

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