Announced Thu, 23 Jul · 13:13 IST
Kansai Nerolac allots 64,309 shares under RSU Plan 2022
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KANSAINER · price
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Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹199.00
prior close
₹194.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1-0.0-0.0-2.9+2.5————————
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AI summary
Board approved allotment of 64,309 equity shares (face value Re.1 each) to employees on exercise of Restricted Stock Units under the RSU Plan 2022. Exercise price is Re.1 per share, shares identical to existing equity, no lock-in. Total issued shares now stand at 80,87,78,779. Filing made under SEBI Share Based Employee Benefits Regulations.
Likely market impact
Minor dilution from RSU exercise; routine employee benefit allotment with negligible impact on share price or shareholders.