Exicom Tele-Systems Limited has informed the Exchange regarding allotment of 19515 equity shares against the stock options exercised under Exicom Tele-Systems Limited Employees Stock Option Scheme 2023
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Exicom Tele-Systems Limited has allotted 19,515 equity shares to eligible employees who exercised their stock options under the ESOP Scheme 2023. The shares were issued at Rs. 114 each (Rs. 10 face value plus Rs. 104 premium). This allotment was approved by the Share Allotment Committee on May 7, 2025. As a result, the company's total issued and paid-up share capital has risen from 12,09,19,416 to 12,09,38,931 equity shares, representing an increase of Rs. 19,51,500 in capital. The newly issued shares carry no lock-in and rank equally with existing shares.
This is a routine ESOP allotment with a very small dilution (about 0.016% increase in share count), so it is unlikely to have any meaningful impact on share price or existing shareholders. It reflects ongoing employee compensation activity under the company's approved ESOP plan.