Bajaj Electricals Limited has informed the Exchange regarding allotment of 23018 equity shares of Rs. 2 each pursuant to ESOP at its meeting held on September 01, 2025
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Bajaj Electricals has allotted 23,018 equity shares of face value Rs. 2 each under its Employee Stock Option Plan (ESOP). The allotment was approved at a board meeting held on September 1, 2025. This is a routine disclosure informing the exchange about the issuance of shares to eligible employees as part of the company's stock-based compensation scheme. The share capital of the company will increase marginally by this allotment.
Minor dilutionary impact on existing shareholders due to the small increase in share count, though such ESOP allotments are generally pre-planned and already factored into equity calculations.