Lancor Holdings Limited has informed the Exchange regarding allotment of 555000 securities pursuant to ESOP/ESPS at its resolution by circulation held on August 22, 2025
LANCORHOL · price
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Lancor Holdings has allotted 5,55,000 equity shares of face value Rs. 2 each to eligible employees under the 'Lancor Employee Stock Option Scheme – 2024'. The allotment was approved by the Nomination and Remuneration Committee via circular resolution on August 22, 2025. As a result, the total number of equity shares has increased from 7,29,95,560 to 7,35,50,560 shares. The paid-up capital has gone up from Rs. 14,59,91,120 to Rs. 14,71,01,120. The newly issued shares will rank equally with existing shares.
This is a routine ESOP allotment leading to a small dilution of about 0.76% in existing shareholding. The impact on share price is expected to be minimal as it reflects employee compensation rather than a fundraising activity.