Allotment of 1,381 equity shares in lieu of vested ESOPs exercised by the eligible employees of the Company.
Awaiting price reaction for this filing.
Refex Renewables & Infrastructure has allotted 1,381 equity shares of ₹10 face value to eligible employees who exercised vested stock options under the RRIL Employees Stock Option Scheme 2022. The shares were issued at an exercise price of ₹274 per share (₹10 face value + ₹264 premium), bringing in ₹3.78 lakh to the company. As a result, the total issued and paid-up share capital has risen from ₹4,49,65,540 (44,96,554 shares) to ₹4,49,79,350 (44,97,935 shares). The allotted shares rank pari-passu with existing equity shares in all respects, including dividend and voting rights. This is a routine, small-scale ESOP exercise announcement with no material change to the capital structure.
Negligible impact on shareholders — the 1,381-share allotment represents only a ~0.03% increase in total share count, causing minimal dilution. This is a standard employee compensation disclosure and is unlikely to affect the stock price.