Zaggle announced that the company’s board approved the allotment of 2,29,134 equity shares having face value of INR 1 each
The company set the exercise price at INR 1 for its 1,28,600 equity shares and INR 164 for 1,00,534 equity shares
In a separate filing, Zaggle announced to raise securities worth INR 9500 Mn (INR 950 Cr)
Fintech SaaS startup Zaggle
has alloted nearly 2.29 Lakh equity shares under its Employee Stock Option Scheme (ESOP) 2022.
In an exchange filing, the Mumbai-based startup today (October 30) said it has received approval from its board to grant the equity shares to eligible employees under the 2022 scheme.
It has, “approved the allotment of 2,29,134 equity shares having face value of INR 1 each, as fully paid-up, to the eligible employees, upon exercise of vested options,” said Zaggle in its statement.
In a separate filing, Zaggle announced to raise securities worth INR 9500 Mn (INR 950 Cr) in accordance with the SEBI ICDR Regulations and other applicable regulations, subject to necessary approvals.
(The story will be updated soon)
