Infosys allotted 5,11 lakh equity shares to eligible employees
New Delhi: India's Multinational IT company, Infosys on Sunday, May 14 informed that it has allotted 5,11,862 equity shares to its eligible employees on May 12.
In its BSE Filing on Sunday mentioned that the allotted shares are pursuant to the exercise of Restricted Stock Units. The shares have been under two schemes- the 2015 Stock Incentive Compensation Plan and Stock Ownership Program 2019.
Read Also : BPCL signs agreement with Noida International Airport• 1,04,335 equity shares under the 2015 Stock Incentive Compensation Plan;
• 4,07,527 equity shares under the Infosys Expanded Stock Ownership Program 2019.
Read Also : Wipro Collaborates with Microsoft to Launch a Suite of GenAI-Powered Virtual Assistants for Financial Services
"Consequently, on May 12, 2023, the issued and subscribed share capital of the Company stands
increased to Rs 20,749,373,460 divided into 4,149,874,692 equity shares of Rs 5 each," the company said.
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