Ramkrishna Forgings Limited has made a regulatory disclosure to the National Stock Exchange of India Limited regarding the allotment of equity shares under its Employee Stock Option Scheme.
Quantitative Figures and Allocation Details
The specific allocation to employees is as follows:
- Mr. Kishor Dadasaheb Bhosale: 7,404 equity shares
- Mr. Pawan Kumar Kedia: 800 equity shares
Total shares allotted: 8,204 equity shares
Share Characteristics
- Face value per equity share: ₹2
- Exercise price per share: ₹556
- Premium per share: ₹554
- ISIN Number: INE399G01023
- The shares are identical in all respects and rank pari passu with existing equity shares
Transfer Mechanism
The transfer of shares will be made from Ramkrishna Forgings Limited Employee Welfare Trust to the employees. No shares were allotted in physical form (dematerialized only).
Additional Details
- No lock-in period applies to these shares
- No listing fees are payable for this issuance
- No share certificate numbers or distinctive numbers are applicable as shares are in demat form
- The total issued shares and share capital after this issue are not quantified in the disclosure