- 105283 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Awaiting price reaction for this filing.
Kirloskar Pneumatic Company Limited has allotted 11,500 equity shares of face value Rs. 2 each to eligible employees who exercised their stock options under the KPCL Employee Stock Option Scheme 2019. The allotment was approved by the Stakeholders' Relationship Committee at its meeting held on June 20, 2025. The newly issued shares will rank equally with existing equity shares. As a result, the company's paid-up share capital has increased to Rs. 12,98,26,980, consisting of 6,49,13,490 equity shares of Rs. 2 each.
This is a routine ESOP allotment with a very small increase in share count (11,500 shares), so there is minimal dilution impact for existing shareholders. It signals normal employee compensation activity and is unlikely to materially affect the stock price.