CCL Products (India) Limited has informed the Exchange regarding Allotment of 9250 Shares.
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CCL Products has informed the exchanges about the allotment of 9,250 equity shares to eligible employees who exercised their stock options under the CCL Employee Stock Option Scheme 2022. These shares were transferred from the CCL Employees Trust after the vesting period was completed. The face value is Rs. 2 per share and the exercise price is also Rs. 2 (no premium). The total issued share capital remains unchanged at 13,35,27,920 shares, since the shares came from the employees' trust rather than being freshly issued. The new shares carry no lock-in and rank equally with existing shares.
This is a routine ESOP allotment with a negligible impact on shareholding structure or capital. There is no change in total shares outstanding, so it has no dilutive effect on existing shareholders and is unlikely to affect the stock price.