The Company has informed exchange regarding allotment of 3,164 securities pursuant to ESOP
LODHA · price
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Lodha Developers Ltd has allotted 3,164 equity shares of ₹10 each to employees on May 20, 2026, under the company's ESOP scheme 2021-II. This is a routine corporate action where the company issues new shares to employees as part of their compensation package. The company, formerly known as Macrotech Developers Limited, operates under BSE scrip code 543287. The share issuance is relatively small in scale, affecting only 3,164 shares in total.
This is a routine ESOP exercise with minimal share dilution (3,164 shares). The impact on stock price is negligible, though it reflects the company's continued use of employee stock ownership as a retention and incentive tool.