Indiqube Spaces Limited has informed the Exchange about allotment of equity shares under ESOP
INDIQUBE · price
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Awaiting price reaction for this filing.
Indiqube Spaces Limited has allotted 32,481 equity shares of Re. 1 each under its Employee Stock Option Plan 2022 (ESOP 2022), approved by the Nomination & Remuneration Committee on 12th March 2026. The exercise price is Re. 1 per share, meaning no premium was charged — employees effectively got shares at face value. The new shares rank equally with existing shares for dividend and other rights, and there is no lock-in period. After this allotment, the total issued share count stands at 21,19,97,634 shares. The size of this allotment is very small relative to the existing share base, representing negligible dilution.
Very minor, non-dilutive in any meaningful way for existing shareholders. This is a routine ESOP exercise at face value with no lock-in, so it should not affect the stock price or shareholder value materially.