BLACKBUCK LIMITED has informed the Exchange about General Updates
BLACKBUCK · price
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BlackBuck Limited (formerly Zinka Logistics Solutions) has allotted 1,24,263 equity shares to employees who exercised their vested stock options. Of these, 66,059 shares were issued under ESOP 2016 and 58,204 shares under ESOP 2019. The shares have a face value of Re. 1 each and were allotted at the same price with no premium, following approval by the Nomination and Remuneration Committee on March 23, 2026. As a result, the company's total paid-up equity share capital has risen from Rs. 18,16,72,349 to Rs. 18,17,96,612, an increase of about 0.07%. The newly issued shares will rank equally with existing equity shares and carry no lock-in restrictions.
This is a routine ESOP allotment representing negligible dilution for existing shareholders. It is unlikely to have any meaningful impact on the stock price or shareholder value.