Lloyds Engineering Works allots 214,368 ESOPs at ₹9.50 per option to eligible employees under its 2021 plan.
Nomination and Remuneration Committee approved the allotment on May 05, 2026, with vesting scheduled for July 01, 2026.
Total potential money realization upon full exercise is ₹20.36 lakhs, with negligible dilution impact on earnings per share.
The allotment increases total issued shares to 1,480,296,454, with new shares ranking pari-passu with existing equity.