18,200 shares allotted to employees under stock option scheme
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The Nomination and Remuneration Committee approved 18,200 equity shares of Rs 1 each for eligible employees of the company and a subsidiary under the 2022 employee stock option plan. Shares were issued at Rs 129.88 for 8,200 shares and Rs 135 for 10,000 shares, taking total shares and paid-up capital to 31,70,44,383. No lock-in applies.
The issue causes only about 0.006% dilution and adds about Rs 24.15 lakh, making the share count impact minimal.