Aether Industries Limited has made a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 regarding allotment of equity shares under its Employee Stock Option Scheme.
Share Details
- Number of shares allotted: 3,677 Equity Shares
- Face value: ₹10 per share
- Exercise price: ₹885 per share
- Premium per share: ₹875
- Distinctive numbers: 13,27,08,900 to 13,27,12,576
Capital Structure Impact
Post-allotment, the company's paid-up share capital stands at ₹1,32,71,25,760 (Rupees One Hundred Thirty-two Crore Seventy-one Lakh Twenty-five Thousand Seven Hundred Sixty only), comprising 13,27,12,576 Equity Shares of ₹10 each.
Scheme Background
The company obtained in-principle approval from both BSE India Limited and National Stock Exchange of India Limited for a total ESOP pool of 11,00,000 Equity Shares under AIL ESOS 2021. All allotted shares rank pari-passu with existing equity shares.
Regulatory Filings
The statement under regulation 10(b) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 was filed with:
- National Stock Exchange: Filing date 06.10.2022, Filing No. NSE/LIST/32832, Approval date 11.11.2022
- BSE Limited: Filing date 06.10.2022, Filing No. DCS/IPO/TL/ESOP-IP/2529/2022-23, Approval date 20.10.2022
Additional Details
- No lock-in period applies to the allotted shares from the date of allotment
- Company has already paid listing fees for share capital up to ₹200 crore for current fiscal year
- Necessary communication will be made to depositories for credit of shares to beneficiaries
- Listing and trading approvals will be obtained from stock exchanges