Macrotech Developers Limited has informed the Exchange regarding allotment of 174267 securities pursuant to ESOP on May 07, 2025
LODHA · price
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Macrotech Developers (Lodha) has allotted 1,74,267 equity shares of face value ₹10 each on May 7, 2025, under its Employee Stock Option Schemes (ESOP 2021 and ESOP 2021-II). The shares were issued to eligible employees who exercised their stock options. This is a routine disclosure informing stock exchanges about the dilution caused by the ESOP allotment. The allotment results in a small increase in the company's total outstanding share count.
Minor dilutionary impact for existing shareholders due to fresh equity issuance to employees. This is a routine ESOP exercise and unlikely to materially affect the stock price or shareholder value.