Key Action and Approval
The Nomination & Remuneration Committee of the Board of Directors approved the allotment via resolution passed through circulation on June 17, 2026.
Quantitative Details of Allotment
- Total shares allotted: 26,87,663 (Twenty Six Lacs Eighty Seven Thousand Six Hundred Sixty Three) fully paid-up Equity shares
- Face value: ₹2 per share
- Money realized from exercise: ₹37,88,57,464.14 (Rupees Thirty Seven Crore Eighty Eight Lakh Fifty Seven Thousand Four Hundred Sixty Four and Paisa Fourteen Only)
- Distinctive numbers: From 1161869182 to 1164556844 (Both Inclusive)
ESOP Scheme Details
The allotment was made under two schemes:
1. 'Indiabulls Housing Finance Limited Employees Stock Option Scheme - 2013' (ESOP 2013)
2. 'Sammaan Capital Limited Employee Stock Benefit Scheme - 2024' (ESOP 2024)
Exercise Price Details
The exercise price varied across different tranches:
- ₹85.57 per equity share on 6,000 equity shares under ESOP 2013
- ₹115.88 per equity share on 1,59,303 equity shares under ESOP 2013
- ₹136.25 per equity share on 14,23,210 equity shares under ESOP 2013
- ₹151 per equity share on 10,99,150 equity shares under ESOP 2024
Premium per Share
- ₹83.57 per equity share on 6,000 equity shares under ESOP 2013
- ₹113.88 per equity share on 1,59,303 equity shares under ESOP 2013
- ₹134.25 per equity share on 14,23,210 equity shares under ESOP 2013
- ₹149 per equity share on 10,99,150 equity shares under ESOP 2024
Capital Structure Impact
Consequent to this allotment:
- Paid-up Equity Share Capital: Increased to ₹232,51,06,114.71
- Fully paid-up equity shares: 116,15,43,631 shares of face value ₹2 each (ISIN: INE148I01020)
- Partly paid-up equity shares: 30,13,213 shares of face value ₹2 each (₹0.67 paid-up) (ISIN: IN9148I01010)
Additional Terms
- Lock-in: No lock-in period on the allotted shares
- Share ranking: The new shares will rank pari-passu with existing fully paid-up equity shares of the company
- Listing fees: Not applicable
Historical Filings
The original ESOP scheme filings were made with:
- ESOP 2013: NSE and BSE on October 24, 2015 (NSE Filing No: 7814, BSE Filing No: 25992)
- ESOP 2024: NSE and BSE on October 18, 2024 (NSE Filing No: 44759, BSE Filing No: 214346)