IndoStar Capital Finance Limited has informed the Exchange regarding allotment of 42500 securities pursuant to ESOP/ESPS at its meeting held on May 11, 2026
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The company has allotted 42,500 equity shares to employees who exercised their stock options under two ESOP plans — 30,000 shares under the IndoStar ESOP Plan 2016 and 12,500 shares under the IndoStar ESOP Plan 2018. All shares have a face value of INR 10 each. Following this allotment, the company's paid-up equity share capital has increased from approximately INR 161.54 crore to approximately INR 161.58 crore. The total number of outstanding shares has risen from 16,15,38,516 to 16,15,81,016 equity shares.
The dilution is minimal at less than 0.03% of total shares, so the impact on existing shareholders is negligible. The announcement confirms active ESOP exercise activity within the company.