Key Quantitative Figures

  • Number of shares allotted: 71,000 equity shares
  • Face value per share: ₹10
  • Exercise price per option: ₹50
  • Premium per share: ₹40
  • Money realized by exercise of options: ₹35,50,000 (Thirty-Five Lakh Fifty Thousand Only)
  • Post-allotment paid-up equity share capital: ₹6,63,26,300
  • Post-allotment total number of equity shares: 66,32,630 shares of ₹10 each

Capital Structure Impact

The allotment increased the company's issued and paid-up equity share capital. The new shares rank pari-passu with the existing equity shares of the Company in all respects.

ESOP Scheme Details

  • Total options granted under scheme: 40,00,000 (Forty Lakh) stock options to 4 eligible employees
  • Vesting period: 1 year from date of grant
  • Exercise period: 4 years from date of respective vesting (or as decided by Compensation Committee)
  • Options exercised in this tranche: 71,000
  • Options lapsed: Not Applicable
  • Variation of terms: Not Applicable

Significant Terms of ESOP

  • Each stock option is convertible into one fully paid-up equity share of ₹10 face value
  • Equity shares allotted are not subject to lock-in
  • Shares rank pari passu with other equity shares from date of allotment
  • Adjustments will be made for corporate actions (rights issue, bonus issue, split, consolidation, merger, etc.)
  • Specific provisions exist for scenarios like death, permanent incapacity, resignation, termination, retirement

Technical Details

  • Distinctive numbers: 6561631 to 6632630
  • Filing date of original scheme statement: November 26, 2024
  • Date of share issue: June 30, 2026