Affle 3i Limited has informed the Exchange regarding 'Allotment of equity shares under Affle (India) Limited Employee Stock Option Scheme, 2021'.
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Affle 3i Limited has allotted 2,092 equity shares of Rs. 2 each to its Employees' Welfare Trust under the Affle (India) Limited Employee Stock Option Scheme, 2021. As a result, the company's paid-up share capital has increased to Rs. 28,09,96,804, divided into 14,04,98,402 equity shares. The company is now applying to NSE and BSE for listing of these newly allotted shares. The company has clarified that this allotment is not material in nature.
The allotment is extremely small — just 2,092 new shares against an existing base of over 14 crore shares, meaning negligible dilution (well under 0.002%). Shareholders should see no meaningful impact on earnings per share or stock price from this routine ESOP-related issuance.