Moschip Technologies Limited announced the allotment of 4,99,313 equity shares on April 22, 2025.
The shares were allotted to eligible employees upon exercising vested options under various MosChip Stock Option Schemes.
Each equity share has a face value of ₹2.
Following the allotment, the total number of equity shares of the company increased from 19,10,78,292 to 19,15,77,605.
The newly allotted shares will rank equally with existing shares.
Detailed information regarding the specific ESOP schemes, exercise prices, and number of shares allotted under each scheme is provided in Annexure A of the announcement.