Jaro Institute of Technology Management and Research Limited Allots 2,352 Equity Shares Under Employee Stock Option Plan
Jaro Institute of Technology Management and Research Limited announced the allotment of 2,352 equity shares on March 25, 2026, under the Jaro Education Employees Stock Option Plan 2022. The shares were allotted to eligible employees following the exercise of stock options.The company’s Board of Directors approved the allotment, which comprises shares with a face value of ₹ 10 each, fully paid up.
The allotment follows a resolution passed by the Board on March 25, 2026.
Details of the Share Allotment
| Type of securities issued | Equity Shares of the face value of Re.10/- each |
|---|---|
| Type of Issue | ESOP Allotment |
| Total number of securities proposed to be listed | 2,352 Equity Shares* * The Shareholders, vide resolution dated May 24, 2024, approved the issuance of bonus shares in the ratio of 1:3. In accordance with Clause 8.8 (Bonus Issue) of the ESOP Scheme, the said Bonus issuance is applicable to the first grants allotted on May 02, 2022, resulting in a total 480 Bonus shares allotted as tag right for ESOP grant one is included. |
Additional Details as per Regulatory Filings
The company has provided further details regarding the allotment in compliance with SEBI regulations.
| Disclosure | Particulars |
|---|---|
| Company name and address of Registered Office: | Jaro Institute of Technology Management and Research Limited Reg. Add: 11th Floor, Vikas Centre, Dr. C. G. Road,Chembur - East, Mumbai City, Mumbai, Maharashtra, India, 400074. |
| Name of the Stock Exchanges on which the company's shares are listed: | BSE Limited ('BSE') National Stock Exchange of India Limited ('NSE') |
| Filing date of the statement referred in regulation 10(b) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 with Stock Exchange: | Filing with BSE &NSE on 13 th November, 2025. |
| Filing Number | BSE 248846 NSE 51901 |
| Title of the Scheme pursuant to which shares are issued, if any: | Jaro Education Employee Stock Option Plan 2022 |
| Kind of security to be listed: | Equity Shares |
| Par value of the shares: | Rs. 10/- per share |
| Date of issue of shares: (Allotment on exercise of options) | ESOP Grant 1 dated 02/05/2022 ESOP Grant 2 dated 27/07/2024 |
| Number of shares issued: | 2,352 Equity Shares* * The Shareholders, vide resolution dated May 24, 2024, approved the issuance of bonus shares in the ratio of 1:3. In accordance with Clause 8.8 (Bonus Issue) of the ESOPScheme, the said Bonus issuance is applicable to the first grants allotted on May 02, 2022, resulting in a total 480 Bonus shares allotted as tag right for ESOP grant one is included. |
| Distinctive number of the share, if applicable: | 2,21,76,340 to 2,21,78,691 (both inclusive) |
| ISIN Number of the shares if issued in Demat: | INE00YJ01010 |
| Exercise price per share: | Rs 10/- per share |
| Premium per share: | Nil |
| Total Issued shares after this issue: | 2,21,78,691 |
| Total Issued share capital after this issue: | 22,17,86,910 |
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