Greaves Cotton Limited has informed the Exchange regarding Allotment of 10000 Shares.
GREAVESCOT · price
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Greaves Cotton Limited has allotted 10,000 equity shares to an option grantee under the Greaves Cotton – Employee Stock Option Plan 2020. The shares have a face value and exercise price of Rs. 2 each, totaling Rs. 20,000. The allotment was approved by the Nomination and Remuneration Committee on 20th March 2026. Post-allotment, the company's paid-up capital stands at Rs. 46.58 crore, comprising 23.29 crore equity shares. The new shares will rank equally with existing shares.
This is a routine, very small ESOP allotment with negligible dilution (10,000 shares vs. 23.29 crore total shares). No material impact on shareholders or stock price is expected.