Niyogin Fintech Ltd - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

The Nomination & Remuneration Committee of the Board of Directors, at its meeting held today, have issued and allotted 4,11,328 (Four Lakhs Eleven Thousand and Three Hundred and Twenty-Eight) equity shares of face value Rs. 10/- each to the eligible employees of the Company who have exercised their stock options granted under the NFL- Employee Stock Option Plan 2018. <BR> <BR> Further, in terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits) Regulations, 2014 (SEBI SBEB Regulations), the details of shares allotted as above are given in Annexure A to this intimation. Further, this intimation is in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, however, we wish to clarify that aforesaid allotment of shares is not material in nature to the Company.<BR> <BR> The said equity shares shall be listed on the stock exchange where the Company's shares are listed.<BR> <BR> Kindly take the same on your records and oblige.<BR>