Borosil Scientific Limited has informed the Exchange regarding Allotment of 12625 Shares.
BOROSCI · price
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Borosil Scientific Limited has allotted 12,625 equity shares to employees who exercised their vested stock options under the company's Special Purpose Employee Stock Scheme 2023 (SP ESOP 2023). The shares were allotted at an exercise price of Rs. 110.28 per share (face value Re. 1, premium Rs. 109.28). After this allotment, the company's total issued and paid-up share capital stands at Rs. 8,89,45,928 divided into 8,89,45,928 equity shares. The new shares will rank equally with existing shares in all respects, including dividend rights, and there is no lock-in period applicable.
This is a routine, small-scale ESOP allotment representing a negligible dilution (about 0.0014% increase in share count) and is unlikely to have any material impact on share price or shareholder value. It reflects ongoing employee compensation activity under an already approved scheme.