COROMANDELBSECoromandel International LtdLowNeutral
Announced Tue, 23 Jun · 14:47 IST

Allotment of 1800 shares under ESOP Scheme 2016

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COROMANDEL · price

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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹1980.10
prior close
₹1996.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.1-0.1-0.4+0.5+1.0-3.1+1.5+1.0+2.8+3.9+1.7
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AI summary

Coromandel International's Stakeholders Relationship Committee approved allotment of 1,800 equity shares of face value Re.1 each to option grantees under the ESOP Scheme 2016 on June 23, 2026. These shares will rank equally with existing equity shares. Share capital rises marginally from Rs.29,50,14,639 to Rs.29,50,16,439 across 29,50,16,439 shares. This is a routine employee stock option allotment with very small dilution.

Likely market impact

Negligible equity dilution from ESOP allotment; no material impact on shareholding pattern or stock price.