Bajaj Finance Limited has informed the Exchange regarding Allotment of 3472439 Shares.
BAJFINANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bajaj Finance Limited's Allotment Committee has allotted 3,472,439 equity shares (face value Re. 1 each) to the Trustees of BFL Employee Welfare Trust under the company's Employee Stock Option Scheme, 2009. The shares were granted at various prices ranging from Rs. 192 to Rs. 732.92, across multiple grant dates spanning from May 2018 to April 2024. The largest single tranche of 9,63,931 shares was granted on 27 April 2021 at Rs. 473.66. The meeting lasted just 15 minutes.
This is a standard ESOP exercise and does not materially impact shareholder value or dilute the public float. It represents a routine internal employee compensation mechanism.