Eicher Motors Limited has informed the Exchange regarding allotment of 25750 securities pursuant to ESOP/ESPS at its meeting held on July 31, 2025
EICHERMOT · price
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Eicher Motors informed the stock exchanges that its Board, at a meeting held on July 31, 2025, approved the allotment of 25,750 equity shares with a face value of Re. 1 each. These shares were issued to employees who exercised their stock options under the company's Employee Stock Option Plan, 2006 and the Restricted Stock Units Plan, 2019. The board meeting ran from 11:50 a.m. to 4:30 p.m. The company filed this under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR), 2015.
This is a routine, small-scale ESOP allotment and is unlikely to have any material impact on the share price. It signals that employees are being compensated and retained through equity, slightly increasing the total share count on a minor scale.