Allotment of ESOP under LKPS Employee Stock Option Scheme-2017 (LKPSESOP-2017)
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LKP Securities has allotted 4,22,830 equity shares of Rs. 2 each to eligible employees under its ESOP-2017 scheme, approved by the Nomination and Remuneration Committee on June 8, 2026. The shares were issued across four phases (IV, V, VI, and VII) at exercise prices of Rs. 7, Rs. 12, Rs. 12, and Rs. 16 per share respectively. With this allotment, the company's paid-up equity share capital has risen from Rs. 16.46 crore to Rs. 16.55 crore, and the total number of equity shares has increased from 8.23 crore to 8.27 crore. The newly issued shares carry no lock-in and rank equally with existing shares. The filing is a routine regulatory disclosure under SEBI's share-based employee benefits regulations.
This is a routine ESOP allotment that slightly dilutes existing shareholders (by about 0.51%) but is unlikely to materially affect the stock price, as employee stock options are a pre-planned compensation mechanism.