Pursuant to Regulation 30 of SEBI(LODR) Regulations,2015,we would like to inform you that the Board of Directors of the Company on May 29,2025, approve the allotment of 1,66,500 Equity Shares of Face value of Rs.2/- each as fully paid up to the eligible employees who have exercised their Stock Options (3rd Tranche)under JNK Employees Stock Option Plan,2022
JNKINDIA · price
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JNK India Limited's Board of Directors, on May 29, 2025, approved the allotment of 1,66,500 equity shares of face value Rs. 2 each, fully paid-up, to eligible employees who exercised their stock options under the JNK Employees Stock Option Plan, 2022 (3rd Tranche). This is part of the company's ongoing ESOP scheme to reward and retain employees. The allotment will result in a modest increase in the company's equity share capital. The disclosure is being made as required under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR), 2015.
Minor dilution of existing shareholders due to the issuance of new shares to employees under the ESOP scheme. This is a routine corporate action and is unlikely to have a material impact on the stock price.