Listing of 36,500 Equity Shares of Rs.2/- each issued under the Company''s Employees Stock Option Scheme, 2017.
MAFATIND · price
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Mafatlal Industries has received approval from BSE for listing and trading of 36,500 additional equity shares with a face value of Rs. 2 each. These shares were allotted on May 13, 2025 to employees who exercised their stock options under the company's Employee Stock Option Scheme (ESOP) 2017. The new shares carry distinctive numbers 71910431 to 71946930 and will be available for trading on BSE from May 29, 2025. This is a routine procedural filing informing the exchange that the newly issued ESOP shares are now tradeable.
This is a minor event for shareholders. The 36,500 new shares represent a very small dilution to the existing equity base, so the impact on share price or shareholder value is negligible. It simply formalizes the listing of shares that were already allotted to employees under the company's existing ESOP plan.