The Nomination and Remuneration Committee of the Board of Directors of the Company by way of circular resolution dated March 03, 2025, allotted 53,845 Equity Shares to the employees of the Company on exercise of stock options under IIFL Securities Limited Employee Stock Option Scheme - 2018. The said equity shares shall rank pari passu with the existing equity shares from the date of allotment.\r\n\r\nUpon allotment, the equity base of the Company stands increased from 309832614 to 309886459 Equity Shares of Rs. 2/- each.