Please find attached herewith the intimation for allotment
GREAVESCOT · price
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Greaves Cotton has allotted 45,173 fully paid-up equity shares of Rs. 2 each to employees who exercised stock options under the ESOP 2020 scheme. The company's share capital has increased from the exercise, and the new total paid-up capital stands at Rs. 46,59,02,868 across 23,29,51,434 equity shares. The allotment was approved by the Nomination and Remuneration Committee on May 5, 2026. The newly allotted shares will rank equally with existing equity shares in all respects.
This is a routine ESOP exercise with minimal dilutive impact — only 45,173 shares added out of ~233 million total shares, roughly 0.02%. Shareholders should expect negligible EPS dilution.