Aavas Financiers Limited has informed the Exchange regarding allotment of 3240 securities pursuant to ESOP/ESPS at its meeting held on May 21, 2025
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Aavas Financiers has allotted 3,240 equity shares (face value Rs. 10 each) to employees who exercised their stock options. Out of these, 2,220 shares were issued under the ESOP 2019 scheme and 1,020 under the PSOP 2023 scheme. Following this allotment, the company's paid-up equity share capital has risen from Rs. 79.15 crore (7,91,53,665 shares) to Rs. 79.16 crore (7,91,56,905 shares). The newly issued shares will rank equally with existing shares, and the company is completing formalities for their listing. The dilution is negligible at roughly 0.0004% of total share count.
This is a routine, small-scale ESOP allotment with negligible impact on shareholding or stock price. It indicates ongoing employee incentive activity but does not materially affect existing shareholders.