CCL Products (India) Limited has informed the Exchange regarding Allotment of 180 Shares.
CCL · price
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CCL Products has allotted 180 equity shares (face value Rs.2 each) to eligible employees who exercised their stock options under the CCL Employee Stock Option Scheme – 2022. The shares were transferred from the CCL Employees Trust, not issued as fresh capital, so there is no change in the company's paid-up share capital, which remains at 13,35,27,920 shares (Rs. 26,70,55,840 total). The exercise price was Rs. 2 per share with no premium, and the new shares are identical to existing equity shares.
This is a routine, very small ESOP allotment with negligible impact on the stock. No dilution occurs since shares came from the employee trust, and total share capital is unchanged.