Event Disclosure
AXISCADES Technologies Limited has made a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding allotment of equity shares under its employee stock option plan.
Key Quantitative Figures
- Number of equity shares allotted: 2,41,750
- Face value per share: ₹5
- Number of grantees: 2
- Pre-allotment paid-up share capital: ₹21,26,67,445 consisting of 4,25,33,489 equity shares
- Post-allotment paid-up share capital: ₹21,38,76,195 consisting of 4,27,75,239 equity shares
- Exercise price: ₹555 for 2,04,000 shares | ₹83.52 for 37,750 shares
- Premium per share: ₹550 for 2,04,000 shares | ₹78.52 for 37,750 shares
- Total issued shares after allotment: 4,28,26,339
- Total issued share capital after allotment: ₹21,41,31,695
- Distinctive number range: 42584590 to 42826339
Parties Involved
- Approving authority: Nomination and Remuneration Committee (NRC)
- Compliance officer: Sonal Dudani, Company Secretary & Compliance Officer
- Stock exchanges: BSE Limited and National Stock Exchange of India Limited
Scheme Details
- Security type: Equity Shares
- Lock-in: Not applicable
- Share certificate: Not applicable
- Listing fees: Not applicable
Capital Structure Impact
The equity shares allotted pursuant to exercise of stock options will rank pari-passu with the existing equity shares of the Company. The allotment represents a dilution of approximately 0.57% of the pre-allotment share capital.
Additional Information
- The disclosure will be available on the company's website