KPI Green Energy Limited has informed the Exchange regarding Allotment of 450468 Shares.
KPIGREEN · price
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KPI Green Energy's Nomination and Remuneration Committee approved the allotment of 4,50,468 equity shares to eligible employees on May 29, 2025, under the KPI Green ESOP 2023 plan. The shares have a face value of Rs. 5 each and were issued at an exercise price of Rs. 35.33 per share (Rs. 30.33 premium). As a result, the company's paid-up equity capital increased from Rs. 98.44 crore to Rs. 98.67 crore, with total shares rising from 19,68,90,605 to 19,73,41,073. The newly allotted shares have no lock-in period and rank equally with existing shares for dividends and all other rights.
This is a routine ESOP allotment causing minor equity dilution of about 0.23% for existing shareholders. No significant impact on stock price is expected as the shares were already factored in under the ESOP scheme.