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Vakrangee Limited allotted shares to employees under its 2014 scheme, pending exchange approvals
15-Sep-2026, 12:32
Vakrangee Limited announced the allotment of 412,500 equity shares to employees under the Vakrangee Limited Employee Stock Option Scheme 2014, at a price of Rs 2 per share, including a Rs 1 premium. The allotment, approved by the company’s Nomination and Remuneration Committee on September 15, 2026, increases the company’s issued and paid-up equity share capital to Rs 1083604307 divided into 1083604307 equity shares. Vakrangee Limited has received in-principle approval from the Bombay Stock Exchange Limited and National Stock Exchange of India Limited for the shares and will seek listing and trading approvals in due course.