Shadowfax Technologies Allots 100,200 Equity Shares Following Employee Stock Option Plan Exercise
Shadowfax Technologies Ltd has increased its issued, subscribed and paid-up equity share capital following the allotment of shares under its Employee Stock Option Plan (ESOP). The Board of Directors allotted 1,00,200 equity shares of face value Rs. 10/- each to eligible employees and ESOP holders who exercised their stock options under the SFX ESOP 2016.The allotment resulted in an increase in the company's share capital. The issued, subscribed and paid-up equity share capital stood at Rs. 5,85,08,46,200, comprising 58,50,84,620 equity shares of Rs. 10/- each prior to the allotment. After the exercise of options, the total capital...