Carborundum Universal Limited has informed the Exchange regarding Allotment of 6388 equity Shares.
CARBORUNIV · price
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Carborundum Universal has allotted 6,388 equity shares of Re.1 each to employees who exercised their stock options under the company's ESOP Plan 2016 on 7th August 2025. After this allotment, the total outstanding shares stand at 19,04,35,988 and the paid-up equity share capital is Rs. 19,04,35,988. This is a routine disclosure required whenever employee stock options are exercised. The allotment represents a very tiny increase in the share count relative to the total shares outstanding.
The dilution from this allotment is negligible (about 0.0003% of total shares) and is unlikely to have any meaningful impact on the stock price or existing shareholders. This is a normal, recurring event for companies with active ESOP schemes.