Vakrangee Limited has made a regulatory disclosure regarding the allotment of equity shares under its Employee Stock Option Plan (ESOP).
Key Quantitative Figures
- Number of shares allotted: 4,12,500 (Four Lakh Twelve Thousand Five Hundred) equity shares
- Face value: ₹1 per share
- Exercise price: ₹2 per share (including ₹1 per share as premium)
- Total money realized: ₹8,25,000
- Post-allotment paid-up equity share capital: ₹108,360,4307
- Post-allotment total equity shares: 108,360,4307 shares of face value ₹1 each
- Provisional diluted EPS: ₹0.03 (calculated based on June 2026 profits, not annualized)
ESOP Scheme Details
- Scheme name: Vakrangee Limited Employee Stock Option Scheme 2014
- Options vested: 4,75,000 options
- Options cancelled: 1,00,000 options (due to resignation of option grantees)
- Options exercised: 4,12,500 options
- Exercise period: Vested options can be exercised within 4 years from respective vesting dates
- Distinctive numbers: 1083191808 - 1083604307
- No lock-in restrictions on the allotted shares
Capital Structure Impact
The allotment increases the company's issued and paid-up equity share capital. The newly allotted shares will rank pari passu in all respects with existing equity shares of the company.
Status and Next Steps
The company has received in-principle approval from BSE Limited and National Stock Exchange of India Limited. Necessary applications will be made to the stock exchanges for obtaining listing and trading approvals for the newly allotted equity shares.
Additional Information
The disclosure includes Annexure I with detailed share allotment information as per Regulation 10(c) of SBEB Regulations and Annexure II with additional disclosures as per SEBI Listing Regulations.