GHCL Limited has informed the Exchange regarding Outcome of Committee Meeting held on May 05, 2026.
GHCL · price
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GHCL Limited's Nomination and Remuneration Committee approved the allotment of 1,96,500 equity shares of Rs. 10 each to 10 allottees, including two Key Managerial Personnel (KMPs), against exercise of Employees Stock Options under GHCL ESOS 2015. The meeting was held on May 5, 2026, from 11:00 AM to 11:25 AM. As a result, the company's Issued & Paid-up Capital increased from Rs. 91,93,41,550 to Rs. 92,13,06,550. The total number of equity shares increased from 9,19,34,155 to 9,21,30,655. The new shares will rank pari passu with existing equity shares, and listing formalities are in progress.
This is a routine equity dilution of approximately 0.21% due to ESOP exercise. The impact on existing shareholders' ownership percentage is minimal. The new shares are expected to be listed shortly after completion of formalities.