360 ONE WAM LIMITED has informed the Exchange regarding Allotment of 261596 equity shares of face value Re. 1/- each, to the employee(s), upon exercise of stock options under Employee Stock Options Scheme(s) of the Company.
360ONE · price
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360 ONE WAM Limited has allotted 261,596 equity shares with a face value of Re. 1 each to its employees. These shares were issued upon the exercise of stock options under the company's Employee Stock Options Scheme (ESOS). This is a routine action tied to employee compensation and does not involve raising new capital from the market. The total number of shares is relatively small compared to the company's overall share base.
This is a minor, routine corporate action with negligible impact on share price. Shareholders may see a very slight dilution due to the increase in total shares outstanding, but the effect is minimal.