Allotment of equity shares pursuant to exercise of ESOPs
INFY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Infosys has allotted 8,95,814 equity shares of face value ₹5 each to eligible employees who exercised their Restricted Stock Units. About 88,115 shares were allotted under the 2015 Incentive Compensation Plan and 8,07,699 shares under the Infosys Expanded Stock Ownership Program 2019. The company's issued and subscribed share capital now stands at ₹20,28,62,79,525 divided into 4,05,72,55,905 equity shares. This is a routine corporate filing confirming the exercise of employee stock compensation options.
This is a standard equity compensation event and has no material impact on the stock price or shareholder value. The dilution from these new shares is minimal relative to the total outstanding shares.