India Shelter Finance Corporation Limited has informed the Exchange regarding Allotment of 20250 Shares.
INDIASHLTR · price
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India Shelter Finance Corporation has allotted 20,250 equity shares of Rs. 5 face value to employees who exercised their vested stock options. Of these, 9,900 shares were issued under the ESOP 2021 scheme (at exercise prices ranging from Rs. 154.80 to Rs. 207.70) and 10,350 shares under the ESOP 2023 scheme (at Rs. 204 per share). The company's paid-up share capital has risen from Rs. 54.38 crore to Rs. 54.39 crore, taking the total equity share count to 10,87,78,699. The newly allotted shares carry no lock-in restrictions and are identical in all respects to existing equity shares. Listing formalities for the new shares are being completed.
This is a routine, small ESOP allotment (less than 0.02% dilution) and is unlikely to have any meaningful impact on the stock price. It reflects normal employee compensation activity and is positive in that it indicates employee retention and engagement.