Intimation of allotment of equity shares pursuant to exercise of ESOP
Awaiting price reaction for this filing.
Aadhar Housing Finance Limited has allotted 3,63,433 equity shares of Rs. 10 each to eligible employees who exercised their stock options under the company's ESOP Plan 2018 and ESOP Plan 2020. As a result, the company's paid-up equity share capital has risen to Rs. 4,31,74,78,920, comprising 43,17,47,892 equity shares of Rs. 10 each. The newly issued shares will rank equally with existing shares in all respects. This is a routine disclosure under SEBI listing regulations informing stock exchanges of the allotment.
This is a routine ESOP allotment and represents minor dilution (less than 0.1% increase in share count). It is unlikely to have any material impact on the stock price, though it reflects employee participation in the company's stock option plans.