Arman Financial Services Limited has informed the Exchange about General Updates
ARMANFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arman Financial Services has allotted 1,150 equity shares of face value Rs. 10 each to eligible employees under its 'ESOP-2016' plan. The shares were issued on the recommendation of the Nomination & Remuneration Committee via a circular resolution of the Board. No shares were allotted to Directors of the Company. Following this allotment, the total equity share capital stands increased to 1,04,91,688 equity shares aggregating to Rs. 10,49,16,880.
This is a routine, very small ESOP allotment with negligible dilution (1,150 shares vs. ~1.05 crore total shares — about 0.001%). No meaningful impact on shareholders or stock price is expected.