BLACKBUCK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Black Buck Ltd has allotted 1,81,197 equity shares of Rs. 1 each to employees who exercised options under ESOP 2016 (1,00,577 shares) and ESOP 2019 (80,620 shares). The company's paid-up capital increased from Rs. 18.19 crore to Rs. 18.21 crore following this allotment. The shares were issued at face value of Re. 1 per share with no premium. The fresh grant of stock options under these ESOP schemes was also intimated to the exchanges.
This is a routine ESOP exercise resulting in minimal share dilution of approximately 0.10%. No material impact on stock price expected as these are employee stock options being converted to equity.