Ind-Swift Laboratories Limited has informed the Exchange regarding Allotment of 125000 Shares.
INDSWFTLAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ind-Swift Laboratories has allotted 125,000 equity shares to eligible employees under the Employee Incentive Scheme 2014. Each share has a face value of Rs. 10 with an exercise price of Rs. 10 (no premium). The allotment increases the company's paid-up equity share capital to Rs. 86.96 crore, represented by 8.69 crore shares. The newly allotted shares are identical in all respects to existing shares and carry no lock-in restrictions. This is a routine disclosure under SEBI's Share Based Employee Benefits Regulations, 2021.
Minor dilution of approximately 0.14% for existing shareholders due to the issuance of 125,000 additional shares. The allotment at par value suggests these are ESOP grants to employees with no immediate impact on the stock price.