IndiQube Spaces Allots 32,481 Equity Shares Under Employee Stock Option Plan 2022

1 min read     Updated on 12 Mar 2026, 06:38 PM
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Reviewed by
Ashish TScanX News Team
Overview

IndiQube Spaces Limited allotted 32,481 equity shares of Re. 1/- each under its ESOP 2022 plan on March 12, 2026, approved by the Nomination & Remuneration Committee. The shares, exercised at Re. 1/- per share with no premium, increased the total issued shares to 21,19,97,634 and share capital to Rs. 21,19,97,634/-. The allotment complies with SEBI regulations and the shares rank pari passu with existing equity shares.

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*this image is generated using AI for illustrative purposes only.

IndiQube spaces Limited has announced the allotment of 32,481 equity shares under its Employee Stock Option Plan 2022, marking another step in its employee incentive program. The Nomination & Remuneration Committee of the Board of Directors approved this allotment on March 12, 2026.

Share Allotment Details

The allotted shares carry a par value of Re. 1/- each and will rank pari passu with the existing equity shares of the company in all respects, including dividend entitlements. The shares have been issued in demat form under ISIN INE06ST01018.

Parameter: Details
Number of Shares Allotted: 32,481
Par Value: Re. 1/- each
Exercise Price: Re. 1/- per share
Premium: Nil
Date of Allotment: March 12, 2026
Distinctive Numbers: 21,19,75,154 - 21,20,07,634

Impact on Share Capital

Following this allotment, the company's equity structure has been updated with significant changes to the total issued shares and share capital.

Metric: Post-Allotment
Total Issued Shares: 21,19,97,634
Total Issued Share Capital: Rs. 21,19,97,634/-

Regulatory Compliance

The allotment has been conducted in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company had previously filed the required statement under Regulation 10(b) with both stock exchanges - BSE on October 6, 2025 (Filing Number: 247653) and NSE on October 10, 2025 (Filing Number: 51174).

The shares are not subject to any lock-in restrictions and are identical in all respects to the existing equity shares of the company. IndiQube Spaces Limited is listed on both BSE Limited (Scrip Code: 544454) and National Stock Exchange of India Limited (Symbol: INDIQUBE).

Historical Stock Returns for Indiqube Spaces

1 Day5 Days1 Month6 Months1 Year5 Years
-2.24%-5.34%-13.97%-29.45%-28.21%-28.21%

Indiqube Spaces Files Regulatory Intimation for Key Personnel Resignations

2 min read     Updated on 26 Feb 2026, 09:28 AM
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Reviewed by
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Overview

Indiqube Spaces Limited has submitted regulatory documentation to BSE and NSE regarding the resignation of two key personnel - Company Secretary and Compliance Officer Mr. Pranav Ayanath Kuttiyat and General Manager Ms. Bhavna Srivastava, both effective February 25, 2026. The resignations were filed under Regulation 30 compliance requirements, with both executives citing new career opportunities as their reason for departure.

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Indiqube Spaces Limited has formally submitted regulatory intimations to BSE Limited and National Stock Exchange of India Limited regarding the resignation of two key personnel, effective from the closure of business hours on February 25, 2026. The company filed the necessary documentation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Personnel Departures

The resignations involve critical positions within the organization's management structure. Both departing executives cited identical reasons for their decision to leave the company.

Position: Name Effective Date Reason
Company Secretary and Compliance Officer Mr. Pranav Ayanath Kuttiyat (M. No.: A57351) February 25, 2026 Accept new opportunities aligning with long-term career goals
General Manager – Workspace Planning Ms. Bhavna Srivastava February 25, 2026 Accept new opportunities aligning with long-term career goals

Regulatory Compliance Framework

The company submitted comprehensive documentation pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Both resignations were processed in accordance with regulatory requirements, with the company confirming that there are no material reasons for the resignations other than those mentioned in the official communications.

Updated Authorization Structure

Following the departure of the Company Secretary and Compliance Officer, Indiqube Spaces Limited has revised its list of authorized persons for regulatory compliance purposes. The Board approved the updated authorization framework effective from the closure of business hours on February 25, 2026.

Sr. No.: Name Designation Contact Details
1. Rishi Das Chairman, CEO and Executive Director cs.compliance@indiqube.com , +91 99000 92210
2. Pawan Jaichandbhai Jain Chief Financial Officer Plot # 53, CareerNet Campus, Kariyammanna, Agrahara Road, Devarabisanahalli, Outer Ring Road, Bellandur, Bangalore- 560103

Formal Documentation Process

The company completed all necessary documentation procedures for both resignations. Chief Financial Officer Pawan J. Jain digitally signed the regulatory intimation on February 25, 2026, at 21:14:57 +05'30'. The resignation letters from both departing executives were formally acknowledged by Chairman, CEO and Executive Director Rishi Das, who holds DIN: 00420103.

Both departing executives expressed gratitude for the opportunities and professional experience gained during their tenure with Indiqube Spaces Limited. The company will proceed with submitting the required forms to the Registrar of Companies, Ministry of Corporate Affairs, and provide necessary intimations to stock exchanges to formalize these personnel changes.

Historical Stock Returns for Indiqube Spaces

1 Day5 Days1 Month6 Months1 Year5 Years
-2.24%-5.34%-13.97%-29.45%-28.21%-28.21%

More News on Indiqube Spaces

1 Year Returns:-28.21%