India, March 13 -- Zinka Logistics Solutions, the parent of logistics major BlackBuck, has allotted 1.91 Lakh equity shares under the employee stock option plan (ESOP).

In an exchange filing today, the company informed that its nomination and remuneration committee has approved the allotment of 1,91,833 equity shares having a face value of INR 1 each, as fully paid-up to identified employees.

Of these 1.91 Lakh equity shares, 1.41 Lakh shares were issued under ESOP 2016 while the remaining 77.82K shares were offered under ESOP 2019.

Shares of BlackBuck ended Thursday's (March 13) trading session 1.26% lower at INR 405.05 apiece on the BSE.

As per the stock's closing price, the newly allotted equity shares are worth nearly INR 8 Cr.

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