Gokaldas Exports Limited has informed the Exchange about allotment of Equity shares under ESOP Scheme.
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Gokaldas Exports Limited has allotted 7,350 equity shares of Rs. 5 each to employees under the 'GEL Employee Stock Option Plan 2022'. This was done by the Nomination and Remuneration Committee. As a result, the company's paid-up share capital increased from Rs. 36,61,99,390 to Rs. 36,62,36,140, with the total number of shares rising from 7,32,39,878 to 7,32,47,228. The allotment is a routine exercise of employee stock options and represents a very small change in the overall share base.
This is a minor, routine ESOP allotment with negligible dilution (less than 0.01% increase in share count). It is unlikely to have any meaningful impact on the stock price or existing shareholders.