In accordance with Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we herewith intimate about allotment of 29,075 shares under AIL ESOS, 2021, as annexed.
AETHER · price
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Aether Industries has allotted 29,075 equity shares of Rs. 10 each to eligible employees under the Employee Stock Option Scheme 2021 (AIL ESOS 2021). The shares were issued at an exercise price of Rs. 885 per share, representing a premium of Rs. 875 over face value. Following this allotment, the company's total share capital stands at Rs. 132.71 crore comprising 13,27,08,899 equity shares. The new shares will rank pari-passu with existing shares with no lock-in restrictions. This is a routine corporate action under the company's approved ESOS scheme.
Neutral for existing shareholders as dilution is minimal (0.02%). ESOP allotments align employee interests with shareholders and indicate employee retention and confidence in the company's growth.