Announced Thu, 22 Jan · 18:12 IST

Intimation of allotment of equity shares pursuant to exercise of options under EKI Energy Services Limited - Employee Stock Option Plan - 2021

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Awaiting price reaction for this filing.

AI summary

EKI Energy Services Ltd has allotted 43,056 equity shares of Rs. 10 face value each to eligible employees upon exercise of stock options under the ESOP 2021 plan. The shares were issued at an exercise price of Rs. 30 per share (Rs. 10 face value plus Rs. 20 premium) on January 22, 2026. As a result, the company's total issued and paid-up equity share capital has increased from Rs. 27.64 crore (2,76,43,694 shares) to Rs. 27.69 crore (2,76,86,750 shares). The newly allotted shares rank pari passu with existing shares for dividends and carry no lock-in period.

Likely market impact

This is a routine ESOP allotment with a very small dilution of about 0.16% to total share count. Negligible impact on existing shareholders or stock price; the shares rank equally with existing equity from day one.