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Zaggle Allots 2.29 Lakh Equity Shares Under ESOP Plan

  • Fintech SaaS startup Zaggle has alloted nearly 2.29 Lakh equity shares under its Employee Stock Option Scheme (ESOP) 2022.
  • The company set the exercise price at INR 1 for 1,28,600 equity shares and INR 164 for 1,00,534 equity shares.
  • After the allotment, the issued, subscribed and paid-up equity share capital of the company increased from INR 12,26,06,799 to INR 12,28,35,933.
  • Zaggle offers spend management solutions for businesses and other SaaS tools such as expenses, payments, and rewards management software.

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