CosmicTaco

FirstCry Allocates 9.84 Lakh Shares Under ESOPs

CosmicTaco · 2025-03-07T10:57:16.044408+05:30

* FirstCry has allocated a total of 9.84 Lakh equity shares to its employees under various ESOP schemes. * The company transferred 5.37 Lakh shares under the Brainbees ESOP 2022 scheme using both cash exercise and cashless exercise methods. * An additional 5.28 Lakh shares were allotted under the ESOP 2011 initiative, while 4.56 Lakh shares were set aside under the ESOP 2022. * As a result of these allocations, FirstCry's paid-up share capital increased from INR 103.83 Cr to INR 104.03 Cr. * This move underscores FirstCry's commitment to rewarding its workforce and aligning their interests with the company's growth. Source: [Inc42](https://inc42.com/buzz/firstcry-allots-over-9-84-lakh-shares-under-various-esop-schemes/)

FirstCry has allocated a total of 9.84 Lakh equity shares to its employees under various ESOP schemes.
The company transferred 5.37 Lakh shares under the Brainbees ESOP 2022 scheme using both cash exercise and cashless exercise methods.
An additional 5.28 Lakh shares were allotted under the ESOP 2011 initiative, while 4.56 Lakh shares were set aside under the ESOP 2022.
As a result of these allocations, FirstCry's paid-up share capital increased from INR 103.83 Cr to INR 104.03 Cr.
This move underscores FirstCry's commitment to rewarding its workforce and aligning their interests with the company's growth.

Source: Inc42

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