IndoStar Capital Finance Limited has informed the Exchange regarding Allotment of 109613 Shares.
INDOSTAR · price
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IndoStar Capital Finance has allotted 109,613 equity shares (face value INR 10 each) following the exercise of stock options by employees. This includes 7,800 shares under the IndoStar ESOP Plan 2016, 45,000 shares under the ESOP Plan 2017, and another 56,813 shares under the ESOP Plan 2017. The allotment was approved by Mr. Randhir Singh, Managing Director and Executive Vice Chairman, under authority delegated by the Board on May 11, 2025. As a result, the company's paid-up equity share capital has risen from INR 136.34 crore to INR 136.45 crore, with total shares increasing from 13,63,47,854 to 13,64,57,467 (about 0.08% dilution).
This is a routine ESOP-driven allotment resulting in very minor dilution (~0.08%) for existing shareholders. No significant impact on stock price or shareholder value is expected.