Welspun Corp allots 65,000 equity shares under ESOP

Welspun Corp has allotted 65,000 equity shares of Rs. 5 each fully paid-up upon exercise of Employee Stock Option. The said equity shares shall rank pari-passu in all respect with the existing equity shares of the Company.

Post this allotment, the paid up equity share capital of the Company stand increased from Rs.1,304,421,975/- divided in to 260,884,395 equity shares of Rs. 5 each to Rs.1,304,746,975/- divided in to 260,949,395 equity shares of Rs. 5 each.

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