Announced Tue, 23 Jun · 14:47 IST
Coromandel International allots 1,800 shares under ESOP Scheme 2016
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COROMANDEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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 Re. 1 each to employees under the ESOP Scheme 2016 on June 23, 2026. These shares rank equally with existing equity shares. Total share capital rises from 29,50,14,639 to 29,50,16,439 shares. This is a routine employee stock option allotment.
Likely market impact
Minor dilution from ESOP allotment; negligible impact on existing shareholders as the share count is very small relative to total capital.