The Board of Directors of VA Tech Wabag Limited approved the allotment of 62,680 equity shares pursuant to the exercise of stock options under the "WABAG Centenary Stock Option Scheme 2023". The approval was granted via circular resolution dated July 07, 2026 at 6:41 PM IST.
Key Details:
- Number of shares allotted: 62,680 equity shares
- Face value: ₹2 per share
- Exercise price per share: ₹513
- Premium per share: ₹511
- Total paid-up share capital increased from ₹12,47,09,552 (6,23,54,776 shares) to ₹12,48,34,912 (6,24,17,456 shares)
- Distinctive share numbers: 62354777 to 62417456 (inclusive)
- The new shares rank pari-passu with existing equity shares
- No lock-in restrictions apply to these shares
Regulatory Compliance:
- The allotment complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- The scheme was originally filed with stock exchanges on February 07, 2024
- BSE filing reference: 194468
- NSE filing reference: 39929
- The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Listing Information:
- Shares are listed on both BSE Limited and National Stock Exchange of India Limited
- No additional listing fees are payable for this allotment
Additional Announcements:
The filing does not contain any additional corporate announcements beyond the ESOP allotment details and regulatory compliance disclosures.