Shadowfax Technologies Allots Equity Shares Under ESOP Plan, Increasing Paid-Up Capital
Shadowfax Technologies Ltd has increased its issued capital following the allotment of equity shares to eligible employees and ESOP holders under the Shadowfax Technologies Limited - Employee Stock Option Plan 2016 (SFX ESOP 2016). The Board of Directors approved the allotment of 1,241,478 equity shares, each having a face value of Rs. 10/-.The stock options were exercised by eligible employees and ESOP holders as part of the SFX ESOP 2016 initiative.This exercise has resulted in an increase in the company's issued, subscribed, and paid-up equity share capital. The capital stood previously at Rs. 5,85,31,97,500, comprising 58,53,19,750 equity...