EPL Limited has informed the Exchange regarding Allotment of 150000 Shares.
EPL · price
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EPL Limited has allotted 1,50,000 equity shares (face value Rs. 2 each) to employees who exercised their stock options under the company's Employee Stock Option Scheme 2020 (ESOS 2020). The shares rank pari passu with existing fully paid-up equity shares. As a result, the paid-up equity share capital rose from Rs. 63.96 crore (31,97,88,553 shares) to Rs. 63.99 crore (31,99,38,553 shares). The increase is marginal, representing only about 0.05% additional dilution to the existing share base. The company has clarified that this allotment is not material in nature.
This is a routine, small-scale ESOP allotment with negligible dilution impact on existing shareholders. No meaningful effect on share price or shareholder value is expected.