GHCL Limited has informed the Exchange regarding Outcome of Committee Meeting held on May 17, 2025.
GHCL · price
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GHCL Limited's Nomination and Remuneration Committee approved the allotment of 3,17,300 equity shares (face value Rs. 10 each) to 23 employees, including 3 Key Managerial Personnel, under the GHCL ESOS 2015 plan. As a result, the company's issued and paid-up capital increased from Rs. 95.75 crore (9,57,54,786 shares) to Rs. 96.07 crore (9,60,72,086 shares). The newly issued shares will rank equally with existing equity shares, and the company is completing formalities for their listing. The committee meeting was held on May 17, 2025, from 4:00 p.m. to 4:30 p.m.
This is a routine ESOP allotment resulting in a minor dilution of about 0.33% of existing share capital. It is unlikely to have any material impact on the stock price, as it simply reflects employees exercising previously granted stock options.