India Shelter Finance Corporation Limited has informed the Exchange regarding Allotment of 63770 Shares.
INDIASHLTR · price
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India Shelter Finance Corporation has allotted 63,770 equity shares (face value Rs. 5 each) to employees who exercised their stock options under the company's ESOP 2021 and ESOP 2023 schemes. Of these, 38,970 shares were issued under the 2021 scheme and 24,800 under the 2023 scheme, with exercise prices ranging from Rs. 154.80 to Rs. 207.70. As a result, the company's paid-up equity capital has risen from Rs. 54.33 crore to Rs. 54.36 crore, and total shares outstanding have increased from 10,86,51,979 to 10,87,15,749. The newly allotted shares will rank equally with existing shares and the company is completing listing formalities. No lock-in period applies to these shares.
This is a routine ESOP exercise allotment with a very small dilution (about 0.06% increase in share count), so it is unlikely to have any meaningful impact on the stock price or existing shareholders' value. It signals ongoing employee incentive activity but nothing material for investors.