Kernex Microsystems allots 1,200 ESOP shares; capital up to "16.80 Cr

Kernex Microsystems India Ltd announced the allotment of 1,200 equity shares of face value Rs. 10 each to eligible employees. This allotment was made pursuant to the exercise of options vested under the Kernex Microsystems (India) Limited Employee Stock Option Scheme 2023 (KMIL ESOS - 2023), as approved by the Nomination and Remuneration Committee. Consequently, the company's issued, subscribed, and paid-up capital has increased from Rs. 16,80,24,220/- to Rs. 16,80,36,220/-. The shares were issued on June 17, 2026, at an exercise price of Rs. 25/- per share, including a premium of Rs. 15/-. These newly allotted shares will rank pari passu with the existing shares.