Allotment of 1,86,184 equity shares of face value of Rs. 10/- each upon exercise of vested stock options by employees.
HONASA · price
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Honasa Consumer Limited, the parent company of Mamaearth, has allotted 1,86,184 equity shares with a face value of Rs. 10 each. These shares were issued to employees upon the exercise of their vested stock options under the company's Employee Stock Option Plan (ESOP). This is a routine corporate action that increases the company's paid-up equity share capital. The dilution from this allotment is relatively small.
Minor dilution for existing shareholders due to fresh share issuance under ESOP. This is a standard, non-event allotment with no material impact on stock price or shareholder value.