EPL Limited has informed the Exchange regarding allotment of 2500 securities pursuant to ESOP/ESPS at its meeting held on April 22, 2026
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EPL Limited's Security Committee has approved the allotment of 2,500 equity shares of Rs. 2 face value each, following the exercise of stock options by employees under the ESOS 2020 scheme. The paid-up equity share capital has increased marginally from Rs. 64.04 crore to Rs. 64.05 crore. The total number of shares outstanding increased from 32,02,47,843 to 32,02,50,343 shares. The newly allotted shares rank pari passu with existing equity shares. The company has clarified that this allotment is not material in nature.
This is a negligible dilution of approximately 0.008% of total shares, with no material impact on earnings per share or shareholder value. The announcement is routine disclosure for ESOP exercises and should have no significant effect on the stock price.