Lodha Developers Limited has informed the Exchange regarding allotment of 63642 securities pursuant to ESOP/ESPS at its meeting held on April 08, 2026
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Lodha Developers Limited has allotted 63,642 equity shares of ₹10 each to employees under its Employee Stock Option Plan 2021 and Employee Stock Option Scheme 2021 – II. The allotment was approved at the board meeting held on April 8, 2026. This is a routine exercise of employee stock options and represents a minor dilution of equity capital. The shares were issued at the face value of ₹10 per share as per the ESOP scheme terms.
Minor equity dilution of approximately 63,642 shares. This is a routine corporate action and typically has negligible impact on stock price. It reflects the company's ongoing commitment to employee retention through equity-based compensation.