Intense Technologies Limited has informed the Exchange regarding Allotment of 93750 Shares. upon allotment of shares to eligible employees
INTENTECH · price
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Awaiting price reaction for this filing.
Intense Technologies has allotted 93,750 equity shares (face value Rs. 2 each) to eligible employees upon exercise of vested stock options. The allotment is split across two ESOP plans: 56,250 shares under the ESOP Plan A 2009 at an exercise price of Rs. 10 per share, and 37,500 shares under the ESOP Plan 2005 at Rs. 50 per share. The company received a total of Rs. 24.37 lakh from this exercise. As a result, the total equity share count has increased from 2,35,18,199 to 2,36,11,949, and the issued share capital now stands at Rs. 4,72,23,898. The new shares will rank equally with existing shares, and diluted EPS for FY25 stands at Rs. 4.53.
This is a routine ESOP allotment with a very small dilution of about 0.4% to the share count, so it is unlikely to have any meaningful impact on the stock price. It reflects employees exercising vested options, which is a normal operational activity.