Mamaearth Allots 3.59 Lakh Shares Under ESOP Scheme

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SUMMARY

The value of the newly allotted equity shares translated to INR 79.8 Cr as per the stock’s previous closing price of INR 222.10

Of these 3.59 Lakh equity shares, 3.57 Lakh shares were issued under ESOP 2018 while the remaining 2,259 shares were offered under ESOP 2021

Consequent to this allotment, the total paid-up equity share capital of the company will be increased to INR 325.18 Cr from INR 324.82 Cr

Honasa Consumer Ltd, the parent entity of Mamaearth and The Derma Co, have allotted 3.59 Lakh equity shares under…



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Mamaearth Allots 3.59 Lakh Shares Under ESOP Scheme


SUMMARY

The value of the newly allotted equity shares translated to INR 79.8 Cr as per the stock’s previous closing price of INR 222.10

Of these 3.59 Lakh equity shares, 3.57 Lakh shares were issued under ESOP 2018 while the remaining 2,259 shares were offered under ESOP 2021

Consequent to this allotment, the total paid-up equity share capital of the company will be increased to INR 325.18 Cr from INR 324.82 Cr

Honasa Consumer Ltd, the parent entity of Mamaearth and The Derma Co, have allotted 3.59 Lakh equity shares under…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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