Affle 3i Limited, formerly known as Affle (India) Limited, announced the allotment of 51,580 equity shares, each with a face value of ₹2, on July 10, 2025. These shares were allotted to the Affle (India) Limited Employees' Welfare Trust under the Affle (India) Limited Employee Stock Option Scheme, 2021. This allotment has consequently increased the company's issued, subscribed, and paid-up share capital to ₹28,12,80,432, divided into 14,06,40,216 equity shares of ₹2 each.
| Particulars | Details |
|---|---|
| Company Name | Affle 3i Limited (formerly Affle (India) Limited) |
| Date of Allotment | July 10, 2025 |
| Number of Equity Shares Allotted | 51,580 |
| Face Value per Share | ₹2 |
| Scheme Under Which Allotted | Affle (India) Limited Employee Stock Option Scheme, 2021 |
| Allotted To | Affle (India) Limited Employees' Welfare Trust |
| Previous Issued, Subscribed & Paid-up Capital | ₹28,11,77,272 (14,05,88,636 equity shares) |
| New Issued, Subscribed & Paid-up Capital | ₹28,12,80,432 (14,06,40,216 equity shares) |
Action Details
The allotment of equity shares under an Employee Stock Option Scheme (ESOP) is a common corporate practice aimed at fostering employee ownership and aligning employee interests with those of the shareholders. By granting employees the option to purchase company shares at a predetermined price, ESOPs serve as a powerful tool for talent retention, motivation, and long-term wealth creation for employees. The 51,580 equity shares allotted by Affle 3i Limited on July 10, 2025, are part of its ongoing commitment to its employees through the Affle (India) Limited Employee Stock Option Scheme, 2021. This specific allotment was made to the Affle (India) Limited Employees' Welfare Trust, which typically holds shares on behalf of the employees until they exercise their options.
Process and Timeline
Following the allotment, Affle 3i Limited has initiated the process of applying for the listing of these newly issued shares with the stock exchanges, namely the National Stock Exchange of India (NSE) and BSE Limited. The listing process ensures that these shares become tradable on the public markets, providing liquidity to the employees who may eventually exercise their options and sell their shares. This step is crucial for the successful implementation of any ESOP scheme, as it provides a clear exit mechanism for the beneficiaries. The company's prompt action in applying for listing underscores its commitment to transparency and compliance with market regulations.
Shareholder Impact
The allotment of 51,580 equity shares has resulted in a marginal increase in Affle 3i Limited's total issued, subscribed, and paid-up share capital. Prior to this allotment, the company's paid-up capital stood at ₹28,11,77,272, comprising 14,05,88,636 equity shares. With the addition of the new shares, the capital has increased by ₹1,03,160 (51,580 shares * ₹2 face value) to ₹28,12,80,432, and the total number of equity shares has risen to 14,06,40,216. While this expansion in the equity base represents a slight dilution for existing shareholders, such allotments are generally viewed positively as they indicate a company's investment in its human capital. The company has clarified that this specific allotment of shares is not material in nature to its overall operations or financial standing, as per its intimation.
Regulatory Compliance
This intimation regarding the share allotment is made in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Regulation 30 mandates listed entities to disclose any event or information that is material to the company, ensuring transparency and timely dissemination of information to the stock exchanges and the public. Although Affle 3i Limited has stated that this particular allotment is not material, the disclosure is a testament to the company's adherence to corporate governance standards and regulatory requirements. Such disclosures are vital for maintaining investor confidence and ensuring a fair and orderly market.
