WEP Solutions Ltd Rectifies Typographical Error in ESOP Allotment Details
WEP Solutions Ltd has issued a clarification regarding an inadvertent typographical error present in its Employee Stock Option Plan ESOP allotment disclosure. The correction pertains specifically to the distinctive numbers of the equity shares allotted under the plan.The company noted that while there was an initial disclosure concerning the allotment of 1,25,900 Equity Shares pursuant to the exercise of vested stock options, a clerical mistake occurred in Annexure A of the original filing concerning the range of share distinctive numbers.
The error involved the starting distinctive number of shares. Previously mentioned as 36830278, the correct starting distinctive number is confirmed to be 36830279. The ending distinctive number remains 36956178.
This clarification confirms that the complete range of allotted shares should therefore be read as running from 36830279 to 36956178, superseding the previously communicated range.
WEP Solutions Ltd affirmed that this error was purely clerical in nature. The company emphasized that despite the typographical mistake regarding the distinctive numbers, no other details disclosed in the intimation remain altered, and the total number of shares allotted remains unchanged.
Stock Price Movement
WEP Solutions Ltd. is ticking down at ₹31.34 as of 14:57, after dipping by 1.82%. The shares have moved within an intraday range between a low of ₹31.00 and a high of ₹32.95.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.
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