Date: August 19, 2026
Board Meeting Outcomes
- The Share Allotment Committee of the Board of Directors approved the allotment of 57,501 Equity Shares of ₹1 each issued at an exercise price of ₹378 each (including a premium of ₹377 each)
- The allotment was made to eligible employees upon exercise of vested Restricted Stock Units (RSUs) under the NAVA – RSUs 2023
- Meeting was held on August 19, 2026
Capital Structure Impact
- Pre-issue subscribed & paid-up capital: 28,32,55,096 equity shares amounting to ₹28,32,55,096
- Post-issue subscribed & paid-up capital: 28,33,12,597 equity shares amounting to ₹28,33,12,597
- Increase of 57,501 equity shares (0.20% dilution)
- The issued shares rank pari-passu with existing shares
ESOP/RSU Details
- Scheme: NAVA – RESTRICTED STOCK UNIT PLAN 2023 (NAVA – RSUs 2023/ RSUs 2023)
- Number of RSUs exercised: 57,501
- Money realized by exercise of RSUs: ₹2,17,35,378
- RSUs lapsed: 1,71,679 RSUs are lapsed till the date of this disclosure
- Exercise price per share: ₹378
- Premium per share: ₹377
- No change in diluted earnings per share
- No lock-in restrictions on the shares
Technical Details
- Date of issue: August 19, 2026
- Distinctive number range: 290455097 to 290512597
- ISIN Number: INE725A01030
- Par value: ₹1 per share
- The scheme complies with SEBI (SBEB) Regulations, 2021