JM Financial Limited has informed the Exchange regarding allotment of 72458 securities pursuant to ESOP/ESPS at its meeting held on May 12, 2025
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JM Financial has allotted 72,458 equity shares of face value ₹1 each to eligible employees who exercised their stock options under the Employee Stock Option Scheme – Series 11. The Allotment Committee approved this at its meeting on May 12, 2025. After this allotment, the company's total paid-up equity share capital stands at ₹95,59,15,568, comprising 95,59,15,568 equity shares. The allotment is a small fraction (under 0.01%) of the company's existing share base.
This is a routine ESOP allotment with negligible dilution for existing shareholders. No material impact on share price or shareholder value is expected.