Disclosure of allotment of 178200 equity shares pursuant to the ESOP Scheme of the Company.
AXITA · price
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Axita Cotton Ltd has allotted 1,78,200 equity shares of Rs. 1 each on May 28, 2026, following the exercise of employee stock options under the ESOP 2023 scheme. After the adjustment of bonus shares, the paid-up share capital increased from Rs. 38,24,95,333 (38,24,95,333 shares) to Rs. 38,26,73,533 (38,26,73,533 shares). The new shares will rank pari passu with existing equity shares. The company is in the process of completing listing and trading approval formalities for the newly allotted shares.
The dilution is minimal — a 0.047% increase in total shares — indicating this is a routine ESOP exercise with negligible impact on existing shareholders. No material price impact expected.