IndoStar Capital Finance Limited has informed the Exchange regarding allotment of 4344 securities pursuant to ESOP/ESPS at its meeting held on January 12, 2026
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IndoStar Capital Finance has allotted 4,344 equity shares of face value INR 10 each to employees who exercised their stock options. Of these, 2,850 shares were issued under the IndoStar ESOP Plan 2016 and 1,494 shares under the ESOP Plan 2018. The allotment was approved by Mr. Randhir Singh, Managing Director designated as Executive Vice Chairman, under authority delegated by the Board. As a result, the company's paid-up equity share capital has risen marginally from INR 161.53 crore (16,15,32,124 shares) to INR 161.54 crore (16,15,36,468 shares).
This is a routine ESOP allotment with a negligible increase in share count (4,344 shares, or about 0.03% dilution). No material impact on shareholders or stock price is expected from this disclosure.