IndoStar Capital Finance Limited has informed the Exchange regarding Allotment of 11723 Shares.
INDOSTAR · price
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IndoStar Capital Finance has allotted 11,723 equity shares of face value INR 10 each to Mr. Randhir Singh, Managing Director and Executive Vice Chairman, upon exercise of stock options under the IndoStar ESOP Plan 2018. The allotment was approved by Mr. Singh under authority delegated by the Board on May 11, 2025. As a result, the company's paid-up equity share capital has increased from INR 136.66 crore (13,66,61,277 shares) to INR 136.67 crore (13,66,73,000 shares). This is a routine ESOP-related allotment and is not material in size relative to the company's total share base.
Minimal impact on shareholders; this is a small dilution of less than 0.01% from employee stock option exercise, increasing share count by 11,723 shares. No action required from existing shareholders.