JM Financial Limited has informed the Exchange about Allotment of equity shares upon the exercise of Stock Options by the eligible employees
JMFINANCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
JM Financial Limited has allotted 2,46,772 equity shares of face value ₹1 each to eligible employees who exercised their stock options under the company's ESOP scheme. The shares were distributed across four series — Series 19 had the largest allotment at 2,21,000 shares, followed by Series 14 (12,722), Series 18 (12,000), and Series 16 (1,050). After this allotment, the company's paid-up equity share capital stands at ₹95,61,62,340, representing 95,61,62,340 equity shares of ₹1 each. The Allotment Committee meeting was held on June 23, 2025, between 4:30 p.m. and 5:10 p.m.
This is a routine ESOP allotment with a very minor dilution effect (about 0.026% increase in total share count), so the impact on existing shareholders and stock price is negligible. It reflects ongoing employee participation in the stock option scheme and is not a material capital event.