Dynacons Systems & Solutions Limited has informed the Exchange regarding Outcome of Board Meeting held on March 10, 2026.
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Dynacons Systems & Solutions has allotted 11,750 equity shares of face value Rs. 10 each to eligible employees who exercised their stock options under the company's ESOP-2020 plan. No shares were issued to any Director. With this allotment, the company's total paid-up equity share capital has increased to Rs. 12.74 crore, comprising 1,27,37,080 equity shares of Rs. 10 each. The exercise price was Rs. 10 per share (at par, no premium), and the newly issued shares carry no lock-in. The company has clarified that this allotment is not material in nature. The board meeting concluded at 7:00 p.m. on March 10, 2026.
This is a routine, small-scale ESOP allotment (less than 0.1% dilution) at face value with no premium, so it is unlikely to have any meaningful impact on share price or shareholder value. Existing shareholders face negligible dilution.