Mastek Limited disclosed the allotment of equity shares under its Employee Stock Option Plans (ESOP) pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Quantitative Figures
- Number of shares allotted: 1,625 Equity Shares
- Face value per share: ₹5
- Total value of allotment: ₹8,125
- Pre-allotment paid-up capital: 3,10,00,782 Equity Shares aggregating to ₹15,50,03,910
- Post-allotment paid-up capital: 3,10,02,407 Equity Shares aggregating to ₹15,50,12,035
- Increase in paid-up capital: ₹8,125
Share Details
- Distinctive numbers: 3,79,32,733 to 3,79,34,357
- Exercise prices and premium:
- ₹1,439 exercise price with ₹5 face value and ₹0 premium
- ₹186 exercise price with ₹188 face value and ₹183 premium
Capital Structure Impact
The equity shares allotted rank pari-passu with the existing Equity Shares of the Company in all respects. There are no lock-in restrictions on the shares.
Parties Involved
- Approving authority: Stakeholder's Relationship Committee of the Board of Directors
- Signing officer: Reena Abhijit Raje, Company Secretary & Compliance Officer (Membership No. A21440)
- Stock exchanges: BSE Limited and National Stock Exchange of India Limited
Financial Impact
The allotment results in a minimal increase of ₹8,125 in the company's paid-up share capital, representing a dilution of approximately 0.005%.