Physicswallah Limited's board approved allotment of shares following employee stock option exercises Back

<p>Physicswallah Limited announced that its board approved the allotment of 14,70,708 fully paid-up equity shares of face value INR 1 each, following the exercise of vested stock options by eligible employees under the Physicswallah Limited Employees' Stock Option Plan, 2022. The allotment increases the company's paid-up share capital from INR 2,90,86,72,804 to INR 2,91,01,43,512, and 4,08,530 options were exercised, realizing INR 4,08,530 for the company.</p>