Foods & Inns Ltd

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended (Listing Regulations) we hereby inform you that the Nomination Remuneration Committee of the Board of Directors of Foods and Inns Limited at their meeting held on May 31 2023 has allotted 158753 equity shares of face value of Rs 1/- each to the eligible employees of the company who have exercised their stock options under the Employees Stock option plan 2021. These shares are pari passu with the existing equity shares of the company in all aspects. In this allotment no shares are allotted to the Directors of the Company.Consequent to the said allotment the Paid up Equity Share Capital of the Company stands increased to Rs. 53597013 divided into 53597013 Equity Shares of face value of Re. 1 each.