Kirloskar Oil Engines Limited has informed the Exchange regarding Allotment of 25712 Shares.
KIRLOSENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kirloskar Oil Engines Limited's Stakeholders Relationship Committee, at its meeting on 17th June 2025, allotted 25,712 fully paid-up equity shares of Rs. 2 each upon exercise of stock options under the KOEL ESOP 2019 plan. Post-allotment, the paid-up equity capital increased from 14,52,28,975 shares to 14,52,54,687 shares, a marginal rise. The issued and subscribed capital went up to Rs. 29,05,10,304 from Rs. 29,04,58,880. The committee meeting ran from 2:00 pm to 2:23 pm.
This is a routine ESOP allotment causing negligible dilution (about 0.018% of total shares) and is unlikely to have any meaningful effect on the stock price or shareholder value.