Bajaj Electricals Limited has informed the Exchange regarding allotment of 2056 securities pursuant to ESOP/ESPS at its meeting held on May 21, 2026
BAJAJELEC · price
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Bajaj Electricals' Stakeholders' Relationship Committee approved the allotment of 2,056 equity shares of Rs. 2 each to 4 employees who exercised their stock options under the Performance Stock Option Plan 2023 (PSOP 2023). The shares were granted at a price of Rs. 2 per share. One deceased employee's shares will be allotted to his legal heir. Following this allotment, the company's total paid-up capital stands at Rs. 23,07,85,538 comprising 11,53,92,769 equity shares. The new shares will rank pari passu with existing shares.
The allotment represents minimal dilution of approximately 0.002% and is unlikely to have any material impact on the stock price or existing shareholders. This is a routine ESOP exercise disclosure.