Cyient Limited has informed the Exchange regarding 'Allotment of Shares'.
CYIENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cyient Limited has allotted 12,476 equity shares to company associates upon exercise of stock options. The allotment was made under two employee stock option plans: Plan ASOP 2015 and ARSUS 2020. This is a routine corporate action related to employee compensation where options granted to associates (employees) have been exercised. The shares were issued at the predetermined exercise price as per the respective plan terms.
This is a routine ESOP-related event with minimal direct impact on the stock price. The share count increases marginally, and the dilution effect is negligible given the small number of shares (12,476) relative to total outstanding shares.