Intimation for allotment of Equity Shares pursuant to exercise of stock options under "WABAG Centenary Stock Option Scheme 2023"
Awaiting price reaction for this filing.
VA TECH WABAG has allotted 25,225 equity shares of face value INR 2 each to eligible employees who exercised their stock options under the 'WABAG Centenary Stock Option Scheme 2023'. The exercise price was INR 513 per share, with a premium of INR 511 per share. As a result, the company's paid-up equity share capital rose to INR 12,44,31,306 divided into 6,22,15,653 equity shares, up from 6,21,90,428 shares earlier. The new shares carry ISIN INE956G01038, are identical to existing shares, and have no lock-in period. The allotment was approved via a board circular resolution dated June 30, 2025.
This is a routine ESOP allotment with negligible dilution (about 0.004% increase in share count). It is unlikely to have any meaningful impact on the stock price, as employee stock options being exercised is a standard occurrence and reflects ongoing employee incentive programs.