Mastek Limited has allotted a total of 4,454 equity shares under its Employee Stock Option Plan (ESOP). The shares have a face value of ₹5 each and were issued at varying exercise prices:
- 3,766 shares were allotted at an exercise price of ₹5 per share with no premium.
- 400 shares were allotted at an exercise price of ₹174 per share with a premium of ₹169 per share.
- 288 shares were allotted at an exercise price of ₹350 per share with a premium of ₹345 per share.
The allotment was approved by the Stakeholder Relationship Committee of the Board of Directors on October 12, 2026, for eligible employees who exercised their vested options.
Change in Paid-up Share Capital:
Consequent to this allotment, the company's paid-up share capital has increased from the previous amount to:
- 3,10,10,830 equity shares (quantity)
- Aggregating to ₹15,50,54,150 (value)
ESOP Plan Details:
The shares were allotted under ESOP Plan VII. The scheme received 'in-principle' listing approvals from the exchanges on:
- BSE: October 8, 2013
- NSE: September 16, 2013
The plan originally authorized the issuance of up to 25,00,000 equity shares on each exchange.
Share Details:
- The new shares carry the ISIN INE759A01021 and will be listed on both BSE and NSE.
- The distinctive numbers for the allotted shares range from 37938327 to 37942780.
- The shares are issued in dematerialized form (no physical share certificates).
- These shares rank pari-passu with the existing equity shares of the company in all respects.
Compliance:
- Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Regulation 10(c) of the SEBI (Share Based Employee Benefits) Regulations, 2014 ("SEBI SBEB Regulations").
Additional Announcements:
The filing confirms that there are no lock-in provisions applicable to the allotted shares and no additional listing fees are payable for this issuance.