BAJELNSEBajel Projects LimitedLowNeutral
Announced Tue, 17 Mar · 16:49 IST

Bajel Projects Limited has informed the Exchange regarding Allotment of 10,625 ESOPS Equity Shares.

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Price reaction · full curve 14 horizons · vs prior close
-8.0%1-day move
₹174.90
prior close
₹172.10
base price
After-mkt
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AI summary

Bajel Projects Limited has allotted 10,625 equity shares of Rs. 2 each to 6 employees who exercised their stock options under the company's Special Purpose ESOP Scheme 2023. The allotment was approved at the 9th meeting of the Stakeholders' Relationship Committee held on March 17, 2026. After this allotment, the company's total issued and paid-up equity share capital stands at 11,56,96,935 shares amounting to Rs. 23,13,93,870. The new shares will rank equally with existing shares, and the exercise prices for the grants ranged from Rs. 89.56 to Rs. 122.68 per share.

Likely market impact

This is a routine, small ESOP allotment with negligible dilution (~0.009% increase in share count). No material impact on shareholders or stock price is expected.