APL Apollo Tubes Limited has informed the Exchange regarding allotment of 111462 securities pursuant to ESOP/ESPS at its meeting held on August 04, 2025
APLAPOLLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
APL Apollo Tubes Limited has allotted 1,11,462 equity shares of face value ₹2 each to eligible employees who exercised their rights under the company's Stock Appreciation Rights (SAR) Scheme 2019. The exercise price is ₹2 per share, with no premium. As a result, the company's paid-up equity share capital has risen from ₹55,50,49,128 to ₹55,52,72,052, taking the total number of equity shares to 27,76,36,026. The newly allotted shares carry no lock-in and will rank equally with existing shares. The shares will be listed on both BSE and NSE.
This is a routine ESOP/SAR allotment with a very small dilution (~0.004% increase in share count). Minimal impact on existing shareholders; the exercise price is at face value with no premium, meaning employees are essentially getting shares at par, which slightly favors employees over shareholders but is negligible in scale.