Announced Wed, 22 Jul · 19:18 IST
Indigo Paints allots 56,975 shares under ESOS 2019 and 2024
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INDIGOPNTS · price
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Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹1065.00
prior close
₹1050.00
base price
After-mkt
timing
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+0.5+0.8+0.8—-1.2+0.5+0.6———————
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AI summary
On July 22, 2026, Indigo Paints allotted 56,975 equity shares (face value Rs 10) to eligible employees under ESOS 2019 (53,528 shares) and ESOS 2024 (3,447 shares). The exercise price is Rs 10 per share with no premium. Total issued share capital rose from 4,76,75,662 to 4,77,32,637 shares. The new shares rank equally with existing equity shares. The allotment was approved by the Nomination and Remuneration Committee.
Likely market impact
Minor share dilution of about 0.12 percent from a routine ESOP exercise. No material impact on shareholders expected.