Campus Activewear Limited has informed the Exchange regarding allotment of 57627 securities pursuant to ESOP/ESPS at its meeting held on Jun 10, 2025
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Campus Activewear Limited has allotted 57,627 equity shares of Rs. 5 face value to eligible employees who exercised their vested stock options under the company's ESOP 2021 - Vision Pool scheme. The allotment was done at an exercise price of Rs. 197.16 per share (Rs. 192.16 premium over face value) at a meeting held on June 10, 2025. After this allotment, the total paid-up equity share capital has risen from Rs. 152.69 crore to Rs. 152.72 crore, with total shares going up from 30,53,98,359 to 30,54,55,986. The new shares will rank equally with existing shares and have no lock-in period. The dilution from this allotment is very minor (about 0.02% of the existing share base).
This is a routine ESOP exercise with negligible dilution. It signals that employees are staying with the company and choosing to convert their options into shares, which is mildly positive for retention. Existing shareholders should see minimal impact on share price or ownership percentage.