Allotment of equity shares pursuant to ''KFIL Employee Stock Option Schemes''
KIRLFER · price
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Kirloskar Ferrous Industries has allotted 35,575 equity shares of ₹5 each to employees who exercised stock options under the company's ESOP scheme. As a result, the total paid-up share capital of the company has risen to ₹82,46,08,215, now comprising 16,49,21,643 equity shares. The board approved this allotment at its meeting held on 9 March 2026. This is a routine disclosure under SEBI listing regulations regarding ESOP-based share issuance.
Minor dilution for existing shareholders due to a small ESOP-based share issuance (35,575 shares is negligible vs. 16.49 crore total shares). No material impact expected on stock price; this is a routine employee incentive event.