JAMNAAUTONSEJamna Auto Industries Limited· Auto AncillariesLowNeutral
Announced Mon, 30 Mar · 12:03 IST

Jamna Auto Industries Limited has informed the Exchange about General Updates

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JAMNAAUTO · price

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Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹117.30
prior close
₹115.60
base price
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AI summary

Jamna Auto Industries has allotted 75,500 fully paid equity shares to eligible employees under its Employee Stock Option Scheme 2017 (ESOP-2017). The shares were issued at an exercise price of Rs. 50 per share (Rs. 1 face value plus Rs. 49 premium) on March 28, 2026, after employees exercised their vested stock options. The new shares carry the same rights as existing shares and have no lock-in period. With this allotment, the company's total issued share capital now stands at 39,97,86,635 equity shares (approximately 39.98 crore shares).

Likely market impact

This is a routine, small-scale ESOP allotment (about 0.019% of total share count) and is unlikely to have any meaningful impact on the stock price or shareholder value. It signals that the company is using employee stock options as part of its compensation structure, which mildly dilutes existing shareholders but in a negligible way here.