Key Quantitative Figures
- Number of shares allotted: 84,680 equity shares of face value Rs. 1/- each
- Exercise price per share: Rs. 20/-
- Total money realized from exercise: Rs. 16,93,600/-
- Premium per share: Rs. 19/-
Share Capital Impact
| Particulars | Before Allotment | | After Allotment | |
|-------------|------------------|-|-----------------|-|
| | No. of Shares | Amount | No. of Shares | Amount |
| Issued & Paid-up Equity Share Capital | 157,180,425 | Rs. 15,71,80,425/- | 157,265,105 | Rs. 15,72,65,105/- |
Distinctive Number Range
Shares allotted carry distinctive numbers from 157,180,426 to 157,265,105
Scheme Details
- Scheme name: Steel Strips Wheels Limited - Employee Stock Option Scheme, 2021 (ESOS 2021)
- Each stock option convertible into one fully paid-up equity share
- Shares rank pari-passu with existing equity shares in all respects
- No lock-in restrictions on the allotted shares
Stock Exchange Filings
- BSE filing number: 149274
- NSE filing number: 30531
- Original scheme filed on: March 28, 2022
Additional Information
- Shares are identical in all respects to existing shares
- No listing fees payable
- Earnings per share remains unaffected due to negligible quantity of shares allotted