Intimation of allotment of 1,25,000 equity shares pursuant to ESOP, 2014.
INDSWFTLAB · price
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Ind-Swift Laboratories Ltd has announced the allotment of 1,25,000 equity shares to eligible employees under the Employee Incentive Scheme 2014 (ESOP). The shares have a face value of Rs. 10 each and were issued at the same exercise price of Rs. 10 per share with no premium. Following this allotment, the company's paid-up equity share capital has increased to Rs. 86.96 crore, divided into 8,69,61,558 shares of Rs. 10 each. The allotment was approved by the Compensation Committee on 28th May 2026. No lock-in restrictions apply to these newly allotted shares.
This is a routine corporate action related to employee stock options and has a minimal direct impact on the stock price. The dilution effect from 1.25 lakh shares is negligible given the large outstanding share count.