InterGlobe Aviation Limited has informed the Exchange regarding allotment of ESOPs
INDIGO · price
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InterGlobe Aviation (Indigo Airlines) has allotted 43,000 equity shares to employees who exercised their stock options. Under the 2015 ESOP Scheme, 34,000 shares were allotted at Rs. 1855.30 per share exercise price. Under the 2023 ESOP Scheme, 9,000 shares were allotted at Rs. 10 per share (par value). The new shares carry a par value of Rs. 10 each and are identical to existing shares with no lock-in restrictions. Total issued share capital after this issue stands at Rs. 386.65 crore across 38.66 crore shares.
Minimal impact on shareholders as this is a routine employee stock option exercise resulting in negligible dilution of approximately 0.01%. The newly allotted shares will be freely tradable upon listing.