CCL Products (India) Limited has informed the Exchange regarding Allotment of 338 Shares.
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CCL Products has informed the exchanges about the exercise of 338 equity shares under its Employee Stock Option Scheme (ESOP) 2022. These shares were transferred from the CCL Employees Trust after completion of the vesting period. The face value and exercise price are both Rs. 2 per share, with no premium charged. The total issued share capital remains unchanged at 13,35,27,920 shares (Rs. 26.70 crore), since the shares are sourced from the trust. The newly issued shares will rank equally with existing shares, carry no lock-in restrictions, and are identical in all respects.
This is a routine ESOP allotment with a very small number of shares and no change in paid-up capital, so there is no material impact on shareholders or the stock price. It reflects normal employee compensation activity.