JB Chemicals & Pharmaceuticals Limited has informed the Exchange regarding Allotment of 23003 Shares.
JBCHEPHARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
JB Chemicals & Pharmaceuticals has allotted 23,003 fully paid-up equity shares of Re. 1 each to certain employees upon exercise of stock options under the JBCPL Employee Stock Option Scheme, 2021. The company realised Rs. 1,40,01,800 (approximately Rs. 1.4 crore) from this exercise. Following this allotment, the total paid-up equity share capital has increased marginally from 15,63,18,001 to 15,63,41,004 shares. The disclosure was filed with a slight delay attributed to festivals.
This is a routine ESOP allotment resulting in negligible dilution (about 0.015%) to existing shareholders. No material impact on stock price or shareholder value is expected.