Announced Fri, 17 Jul · 21:03 IST
AXISCADES allots 2,500 shares under ESOP 2018 Series 2
Capital Market Events View source PDF
AXISCADES · price
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Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹1552.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.9-0.4+0.5+4.1-1.5—————
Up moveDown movePending
AI summary
Nomination and Remuneration Committee approved allotment of 2,500 equity shares (face value Rs. 5) at an exercise price of Rs. 52.65 per share to 1 eligible employee under the AXISCADES ESOP 2018 Series 2 scheme. Paid-up share capital rises from Rs. 21,26,54,945 (4,25,30,989 shares) to Rs. 21,26,67,445 (4,25,33,489 shares). No lock-in applies; new shares rank equally with existing equity.
Likely market impact
Negligible dilution of about 0.006 percent; routine ESOP exercise with no material effect on shareholders.