IndoStar Capital Finance Limited has informed the Exchange regarding allotment of 203810 securities pursuant to ESOP/ESPS at its meeting held on Jun 13, 2025
INDOSTAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IndoStar Capital Finance has allotted 203,810 equity shares of face value INR 10 each to employees who exercised their stock options. This includes 90,500 shares under the ESOP Plan 2016, 62,500 shares under the ESOP Plan 2017, and 50,810 shares under the ESOP Plan 2018. The allotment was approved by the Managing Director on June 13, 2025, under authority delegated by the Board. As a result, the company's paid-up equity share capital has increased from INR 136.46 crore to INR 136.66 crore, with the total share count rising from 13.64 crore to 13.67 crore shares.
This is a routine ESOP allotment that causes a minor dilution of about 0.15% in existing shareholders' stakes. The impact on share price is negligible, as the small issuance reflects employee compensation rather than a fundraising event.