Avenue Supermarts Limited has informed the Exchange regarding Allotment of 40135 Equity Shares.
DMART · price
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Avenue Supermarts (DMART) has allotted 40,135 equity shares to eligible employees who exercised their stock options under the ESOP Scheme 2016. The shares were issued at an exercise price of Rs. 299 per share with a face value of Rs. 10 each. Following this allotment, the company's paid-up share capital has increased to Rs. 6,521,637,920 divided into 652,163,792 equity shares of Rs. 10 each. This is a routine corporate action related to employee compensation through stock options.
This is a routine ESOP exercise and has no direct impact on the stock price or existing shareholders. The dilution from 40,135 shares is minimal relative to the total share capital.