UTI Asset Management Announces Allotment of Equity Shares Under Employee Stock Option Scheme
UTI Asset Management Company Limited announced the allotment of 869 equity shares under the 'UTI AMC Employee Stock Option Scheme - 2007'. The allotment was approved by the Nomination and Remuneration Committee of UTI Asset Management Company Limited on April 7, 2026, at 09:46 hrs IST.The allotment pertains to the exercise of options by an eligible employee. The equity shares being allotted have a face value of ₹10 each.
Following the issuance of these shares, the company's paid-up share capital structure is set to change. The issued and paid-up share capital of UTI Asset Management Company Limited will increase from ₹ 1,28,52,00,360, which represented 12,85,20,036 equity shares of face value of ₹10 each, to ₹ 1,28,52,09,050, representing 12,85,20,905 equity shares of face value of ₹10 each.
The new equity shares allotted will rank pari-passu in all respects with the company's existing equity shares.
UTIAMC Stock Price Movement
Shares of UTI Asset Management Company Limited are slipping by 0.40% in live trading as of 12:32 PM, currently at ₹936.50. The equity has seen 27,702 shares traded in the live market today.Source:
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