Kirloskar Pneumatic Company Limited has informed the Exchange regarding Allotment of 11500 Shares.
KIRLPNU · price
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Kirloskar Pneumatic Company has allotted 11,500 equity shares of face value Rs. 2 each to eligible employees who exercised their stock options under the KPCL Employee Stock Option Scheme 2019. The allotment was approved by the Stakeholders' Relationship Committee on June 20, 2025. The new shares will rank equally with existing equity shares. After this allotment, the company's total paid-up share capital has increased to Rs. 12,98,26,940, comprising 6,49,13,490 equity shares of Rs. 2 each.
This is a routine ESOP allotment with a very small dilution (about 0.002% increase in share count), so it is unlikely to have any material impact on the stock price or existing shareholders.