Announced Wed, 17 Jun · 10:14 IST
Gala Precision allots 18,650 shares under ESOP 2021 exercise
Capital Market Events View source PDF
GALAPREC · price
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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹1041.00
prior close
₹1031.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.3-0.0+0.1-1.7+2.2+12.1+7.3+9.6+2.6+17.1+12.9——
Up moveDown movePending
AI summary
Gala Precision Engineering has allotted 18,650 equity shares of INR 10 face value to employees who exercised vested stock options under the GALA ESOP 2021 plan. Exercise price was INR 87.50 per share, bringing in about INR 16.32 lakh for the company. Total equity shares have risen from 1,27,97,551 to 1,28,16,200. The new shares will rank equally with existing shares and are being listed on BSE and NSE.
Likely market impact
Very small dilution of about 0.15 percent in total share count. Routine ESOP allotment with no material impact for shareholders.