Avalon Technologies Limited has informed the Exchange regarding Allotment of 7188 Shares.
AVALON · price
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Avalon Technologies allotted 7,188 equity shares to employees on March 12, 2026, following the exercise of stock options under its 'AVALON - Employee Stock Option Plan 2022'. The shares were issued at exercise prices of INR 20 and INR 500 per share, with a face value of INR 2 each. As a result, the company's paid-up equity capital rose marginally from INR 13,35,17,950 to INR 13,35,32,326. Total equity shares increased from 6,67,58,975 to 6,67,66,163 — a very small change representing less than 0.001% dilution. The allotment was approved by the Nomination and Remuneration Committee via circular resolution.
This is a routine, very small ESOP allotment with negligible dilution impact for existing shareholders. The different exercise prices (INR 20 vs INR 500) likely reflect different ESOP tranches. No material effect on share price or shareholder value is expected from this disclosure.