India Shelter Finance Corporation Limited has informed the Exchange regarding Allotment of 8650 Shares.
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India Shelter Finance Corporation has allotted 8,650 equity shares of face value Rs. 5 each to employees who exercised their vested stock options. Of these, 4,700 shares were issued under the ESOP 2021 scheme at exercise prices of Rs. 154.80 and Rs. 170.36, and 3,950 shares under the ESOP 2023 scheme at Rs. 204 per share. The allotment was approved by the Stakeholders Relationship Committee on May 14, 2025. Following this, the company's total paid-up share capital has risen from Rs. 53.96 crore to about Rs. 53.97 crore, with total equity shares now standing at 10,79,34,419. The new shares will rank equally with existing shares and the company is completing listing formalities.
This is a routine ESOP exercise allotment with a very small number of shares (8,650) relative to the total share count (over 10.79 crore), so it has negligible impact on share price or shareholder value. It signals normal employee benefit activity with no lock-in restrictions on the new shares.