Zinka Logistics Solutions Limited has informed the Exchange regarding Allotment of 531161 Shares.
BLACKBUCK · price
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BlackBuck (Zinka Logistics Solutions Limited) has allotted 5,31,161 equity shares with a face value of Re. 1 each to identified employees following the exercise of stock options under its ESOP 2016 and ESOP 2019 schemes. Of the total, 2,22,240 shares were allotted under ESOP 2016 and 3,08,921 under ESOP 2019, all at an exercise price of Re. 1 per share with no premium. As a result, the company's paid-up share capital has risen from Rs. 17.86 crore to Rs. 17.91 crore, taking the total number of issued shares to 17,91,47,107. The newly issued shares carry no lock-in and rank equally with existing equity shares. The allotment was approved by the Nomination and Remuneration Committee via circular resolution on June 24, 2025.
This is a routine ESOP allotment causing only marginal dilution (~0.3% increase in share count). Existing shareholders are not materially affected, and the impact on stock price is expected to be negligible. The very low exercise price (Re. 1) reflects grants from the company's early years.