CARBORUNIVNSECarborundum Universal Limited· AbrasivesLowNeutral
Announced Thu, 14 May · 18:52 IST

Carborundum Universal Limited has informed the Exchange regarding Allotment of 1000 equity Shares.

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CARBORUNIV · price

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Price reaction · full curve 14 horizons · vs prior close
+6.1%1-day move
₹1040.00
prior close
₹1001.00
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AI summary

Carborundum Universal Limited has allotted 1,000 equity shares of Re.1/- each on May 14, 2026. These shares were issued due to the exercise of stock options granted to employees under the Company's ESOP Plan 2016. Following this allotment, the total number of equity shares outstanding stands at 19,04,93,502 shares, with the paid-up equity share capital increasing to Rs. 19,04,93,502. This is a routine disclosure required under SEBI listing regulations when shares are allotted under employee stock option schemes.

Likely market impact

This is a routine ESOP-related filing with minimal impact on shareholders. The dilution from 1,000 new shares against approximately 190.5 million existing shares is negligible at around 0.0005%.