EUREKAFORBNSEEureka Forbes LimitedLowNeutral
Announced Tue, 16 Jun · 15:01 IST

Eureka Forbes allots 15,000 equity shares under ESOP 2022

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EUREKAFORB · price

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Price reaction · full curve 14 horizons · vs prior close
+2.2%1-day move
₹458.05
prior close
₹457.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2-0.4+2.2+0.8+2.8+4.1+2.1-0.3-3.7+2.6
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AI summary

Eureka Forbes has allotted 15,000 equity shares of Rs. 10 face value to an employee who exercised stock options under the company's ESOP 2022 plan. The exercise price was Rs. 210 per share (including a Rs. 200 premium). Paid-up capital rose from Rs. 1,93,49,18,160 to Rs. 1,93,50,68,160, with total shares increasing from 19,34,91,816 to 19,35,06,816. The new shares will rank equally with existing shares and carry no lock-in.

Likely market impact

Minor dilution of about 0.0008% from a routine ESOP allotment; negligible impact on share price or shareholder value.