Amber Enterprises India Limited has informed the Exchange regarding allotment of 48,000 Equity Shares of face value of Rs. 10/- (Rupees Ten Only) each to the eligible employees of the Company and its subsidiaries, upon exercise of the options vested with them under Amber Enterprises India Limited - Employee Stock Option Plan 2017 on 27th May 2026
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Amber Enterprises India Limited has allotted 48,000 equity shares of Rs. 10 face value each to eligible employees of the company and its subsidiaries. This allotment was made upon exercise of vested stock options under the Amber Enterprises India Limited - Employee Stock Option Plan 2017. The options were granted on May 13, 2022, with an exercise price of Rs. 2,879.45 per share (premium of Rs. 2,869.45). Following this allotment, the company's paid-up equity share capital increased from 3,52,19,767 shares to 3,52,67,767 shares, representing a marginal increase of approximately 0.136%. The new shares will rank pari-passu with existing equity shares.
The allotment results in minimal dilution of approximately 0.14% for existing shareholders, which is routine and expected from ESOP exercises. No material impact on the stock price is anticipated, though it reflects employee incentive alignment with company performance.