Lloyds Luxurities allots 18,912 equity shares to ESOP trust
LLOYDS · price
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The Nomination and Remuneration Committee of Lloyds Luxuries approved allotment of 18,912 equity shares at Rs. 15 each (face value Rs. 10, premium Rs. 5) to its Employees Welfare Trust under ESOP Scheme 2023. The shares are intended for distribution to eligible employees and rank pari-passu with existing equity. Paid-up capital rises from Rs. 24.13 crore to Rs. 24.15 crore, and total shares increase from 2,41,34,873 to 2,41,53,785.
Minor dilution from small ESOP allotment, about 18,912 new shares added to equity base of roughly 2.41 crore shares. Likely neutral impact on shareholders.