44,287 shares allotted to employees under ESAR 2023
BALRAMCHIN · price
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Balrampur Chini Mills approved the allotment of 44,287 fully paid equity shares of Re 1 each on 24 October 2026 after employee exercises under ESAR 2023. Exercise prices were Rs 386.60 for 42,718 shares, Rs 378.65 for 1,134 shares and Rs 545.20 for 435 shares. Total issued shares rose to 21,16,41,783. The shares rank equally with existing shares and carry no lock-in.
Existing shareholders face about 0.21% dilution from the higher share count. The new shares carry equal rights with existing shares.