Intimation of allotment of 13,558 Equity Shares pursuant to exercise of stock options exercised under the Company s EPACK Prefab Employee Stock Option Scheme 2024 ( ESOP SCHEME ).
EPACKPEB · price
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The Nomination and Remuneration Committee approved the allotment of 13,558 equity shares to employees who exercised their vested options under the EPack Prefab Employee Stock Option Plan 2024. The shares have a face value of Rs. 2 each and were exercised at Rs. 150 per share, representing a premium of Rs. 148. Following this allotment, the company's total issued share capital increased to Rs. 20,12,57,698 divided into 10,06,28,849 equity shares. The new shares rank pari-passu with existing shares. Both NSE and BSE had already granted in-principle approval for these shares issued under the ESOP scheme.
This is a routine ESOP exercise with minimal impact on shareholders as the dilution is negligible at 13,558 shares against a total of over 10 crore shares. No material effect on stock price expected.