IndoStar Capital Finance Allots Equity Shares to Managing Director Via Stock Option Exercise
IndoStar Capital Finance Limited announced the allotment of equity shares to its Managing Director and Executive Vice Chairman, Mr. Randhir Singh, stemming from the exercise of stock options under the IndoStar ESOP Plan 2018.The allotment details involve 1,250 equity shares of the Company, each having a face value of INR 10. This allotment was approved by the Board of Directors at a meeting held on May 11, 2025.
The exercise of these stock options results in an increase in the paid-up equity share capital of IndoStar Capital Finance Limited. Prior to this allotment, the paid-up equity share capital stood at INR 1,61,53,72,660, representing 16,15,37,266 equity shares of face value of INR 10 each.
Following the allotment of 1,250 shares, the paid-up equity share capital is now reported at INR 1,61,53,85,160. This revised capital is based on a total of 16,15,38,516 equity shares, each with a face value of INR 10.
The updated capital structure can be summarized as follows:
| Metric | Previous Value | New Value |
|---|---|---|
| Paid-up Equity Share Capital | INR 1,61,53,72,660 | INR 1,61,53,85,160 |
| Number of Equity Shares | 16,15,37,266 | 16,15,38,516 |
| Face Value per Share | INR 10 | INR 10 |
INDOSTAR Stock Price Movement
Today, IndoStar Capital Finance Limited shares edged higher to close at ₹229.01, marking a gain of 6.31% in trading. The stock saw significant activity on a volume of 140,043 shares today.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.