Intimation of allotment of Equity Shares under the Lloyds Metals and Energy Limited Employee Stock Option Plan 2017
LLOYDSME · price
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Lloyds Metals and Energy has allotted 96,746 equity shares to its Employees Welfare Trust under the company's ESOP Plan 2017. The shares have a face value of Rs. 1 each and were allotted at Rs. 4 per share, which includes a premium of Rs. 3 per share. After this allotment, the company's total issued and paid-up equity share capital stands at Rs. 52,33,38,691 divided into 52,33,38,691 equity shares. The new shares will rank equally with existing shares and have received in-principle approval from BSE and NSE. The allotment was approved by the Nomination and Remuneration Committee on 1st July 2025.
This is a very small dilution of about 0.002% to existing shareholders and is unlikely to have any meaningful impact on the stock price. It is a routine ESOP allotment aimed at rewarding employees.