IIFL Capital Services Limited (formerly known as IIFL Securities Limited) has announced the allotment of 69,350 equity shares to its employees under the IIFL Securities Limited Employee Stock Option Scheme – 2018 (IIFL ESOS - 2018). The decision was taken during the meeting of the Nomination and Remuneration Committee (the Committee) of the Board of Directors held on March 22, 2025.

These equity shares have been allotted following the exercise of stock options by eligible employees of the company. As per the terms of the allotment, the newly issued equity shares will rank pari passu with the existing equity shares of the company from the date of allotment, ensuring that these shares carry the same rights and privileges as other outstanding shares.

Impact on Equity Base

Following the allotment of these shares, the equity base of the company has been increased from 309,886,459 to 309,955,809 equity shares with a face value of Rs. 2/- each. This increase reflects the company's commitment to rewarding and incentivizing its employees through participation in the company’s growth.

Details of the Meeting

The meeting of the Nomination and Remuneration Committee commenced at 3:20 PM and concluded at 3:35 PM on March 22, 2025. The committee's decision to allot the shares was in accordance with the provisions of IIFL ESOS - 2018, which aims to align employee interests with the company’s growth and long-term success.

IIFL Capital’s Commitment to Employee Growth

The allotment of shares under the IIFL ESOS - 2018 is a step toward empowering employees by giving them an opportunity to participate in the company’s success. Employee Stock Option Plans (ESOPs) play a crucial role in enhancing employee motivation, retention, and long-term engagement by aligning their interests with the overall performance of the organization.

Regulatory Compliance and Transparency

IIFL Capital has ensured that this allotment is carried out in strict compliance with regulatory guidelines and best practices. The company has communicated this development to the BSE Limited (BSE Scrip Code: 542773) and the National Stock Exchange of India Limited (NSE Symbol: IIFLCAPS) to ensure transparency and compliance with stock exchange regulations.

Conclusion

With this allotment, IIFL Capital has once again demonstrated its commitment to rewarding its employees and enhancing shareholder value. The issuance of equity shares under the IIFL ESOS - 2018 aligns with the company's mission to promote a performance-driven culture while ensuring that employees share in the company’s growth journey.

The company continues to stay committed to its long-term growth strategy while adhering to the highest standards of corporate governance and transparency.

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