Carborundum Universal Limited has informed the Exchange regarding allotment of 2000 equity Shares.
CARBORUNIV · price
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Awaiting price reaction for this filing.
Carborundum Universal has allotted 2,000 equity shares of Re. 1 each on 23rd September 2025, arising from the exercise of stock options by employees under the company's ESOP Plan 2016. After this allotment, the total number of equity shares outstanding stands at 19,04,37,988, with paid-up equity share capital of Rs. 19,04,37,988. This is a routine disclosure of a small ESOP-related share issuance to employees who vested their stock options.
The dilution is negligible (just 2,000 shares out of over 19 crore shares) and is unlikely to affect the stock price. It is a routine, positive sign of employee participation in the company's growth.