Moschip Technologies Limited Allots Shares Under Employee Stock Option Plans
Moschip Technologies Limited announced on March 17, 2026, the allotment of 304,689 equity shares following the exercise of employee stock options. The Nomination and Remuneration Committee of the Board of Directors approved the allotment through a circular resolution.The newly issued shares, with a face value of Rs. 2 each, will rank equally with existing shares. Consequently, the total outstanding equity shares of the company have increased from 19,35,61,848 to 19,38,66,537.
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