Affle 3i Limited has informed the Exchange regarding 'Allotment of equity shares under Affle (India) Limited Employee Stock Option Scheme, 2021'.
AFFLE · price
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Awaiting price reaction for this filing.
Affle 3i Limited has allotted 63,234 equity shares of Rs. 2 each to the Affle (India) Limited Employees' Welfare Trust under the company's Employee Stock Option Scheme 2021. As a result, the total issued, subscribed and paid-up share capital has increased to Rs. 281,123,272, comprising 140,561,636 equity shares of Rs. 2 each. The company has stated that this allotment is not material in nature and will apply for listing of these shares on NSE and BSE.
This is a routine ESOP allotment and the company itself has confirmed it is not material. The marginal increase in share count (about 0.045% dilution) is unlikely to have any meaningful impact on shareholders or the stock price.