Key Quantitative Figures
- Allotted 15,000 equity shares of face value Re. 1 each
- Shares issued for cash at par value
- Share capital increased from 1,017,775,348 to 1,017,790,348 shares
- Dilution impact: 0.0015% (15,000 shares out of previous total)
Dates and Committee Action
The ESOP Allotment Committee-2016 of the Board of Directors approved the allotment at its meeting held on July 13, 2026. The disclosure was filed on the same date.
Parties Involved
- Issuer: Pidilite Industries Limited
- Recipients: Eligible employees of the company who exercised stock options under ESOP-2016
- Regulatory recipients: BSE Limited (Stock Code: 500331) and National Stock Exchange of India Limited (Stock Code: PIDILITIND)
Share Characteristics
The newly allotted shares will rank pari passu in all respects with the existing equity shares of the company.
Capital Structure Impact
The equity share capital has increased by 15,000 shares, representing a minimal dilution of approximately 0.0015% to existing shareholders.