Allotment of Equity Shares on exercise of Stock Options granted under Mafatlal Employees Stock Options Scheme 2017.
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Mafatlal Industries has allotted 1,30,000 equity shares (face value Rs. 2 each) to eligible employees who exercised stock options under the ESOP 2017 scheme. The 3rd grant accounted for 1,23,000 shares at an exercise price of Rs. 36.20 per share, while the 4th grant contributed 7,000 shares at Rs. 131.15 per share. Following this allotment, the company's total paid-up equity shares increased from 72,028,930 to 72,158,930, raising the paid-up capital marginally from Rs. 14.40 crore to Rs. 14.43 crore. The allotment was approved by the Share Allotment Committee at its meeting held on November 4, 2025.
This is a routine ESOP allotment causing only minor dilution of about 0.18% in total share count, so it is unlikely to have any meaningful effect on stock price or existing shareholders. It simply reflects employees cashing in on previously granted stock options.