Announced Mon, 6 Jul · 15:58 IST
ESOP allotment of 60,372 shares under Employee Stock Grant Scheme
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GODREJCP · price
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Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹1099.60
prior close
₹1100.60
base price
After-mkt
timing
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AI summary
GCPL's Nomination and Remuneration Committee approved allotment of 60,372 equity shares under the Employee Stock Grant Scheme 2011, exercised at Rs 1 per share. Paid-up share capital rose to about Rs 102.33 crore, divided into 102.33 crore shares of Rs 1 face value. The new shares rank equally with existing shares including dividend rights.
Likely market impact
Routine ESOP allotment; negligible dilution of about 0.006 percent; no material impact on shareholders.