IT services major Infosys on Thursday said it has allotted 2.23 lakh equity shares under its 2015 Stock Incentive Compensation Plan to the CEO, COO and other eligible employees.
It further said the issued and subscribed share capital of the company has consequently "increased to Rs 21,29,44,27,185, divided into 4,25,88,85,437 equity shares of Rs 5 each".
In a regulatory filing, Infosys said it "has allotted 2,23,297 equity shares under the 2015 Stock Incentive Compensation Plan to the eligible employees of the company on February 26, 2020, pursuant to the exercise of Restricted Stock Units under ADR Issue."
Infosys, on Wednesday, had informed the stock exchanges that it has granted stock incentives worth Rs 3.25 crore to CEO Salil Parekh under the 2015 Incentive Compensation Plan.
The incentive had been offered in the form of Restricted Stock Units (RSUs) and they have a three-year equal vesting schedule, it had said.
"The date of grant for these stock incentive units is February 27, .
