Five-Star Business Finance Limited has informed the Exchange regarding Allotment of 4790 Equity Shares pursuant to Employee Stock Options.
FIVESTAR · price
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Five-Star Business Finance has allotted 4,790 equity shares (face value INR 1 each) to employees who exercised their stock options under the Five-Star Associate Stock Option Scheme, 2018. This increases the company's paid-up share capital from INR 29,44,35,045 to INR 29,44,39,835. The total money realized from this exercise is INR 1,39,120, with most shares (4,040) exercised at face value of INR 1, 500 shares at INR 236.44, and 250 shares at INR 67.44. The newly allotted shares will rank equally with existing equity shares, and the company is working on getting them listed. For FY25, the company's basic EPS was INR 36.61 and diluted EPS was INR 36.50.
This is a routine, small-scale ESOP allotment (only 4,790 shares, roughly 0.0016% dilution) with negligible impact on shareholding or stock price. The company is generating modest cash from employee option exercises as part of its long-running incentive plan.