Manorama Industries Limited has informed the Exchange regarding Allotment of 15000 Shares.
MANORAMA · price
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Manorama Industries has allotted 15,000 equity shares to employees who exercised their stock options under the company's 'MIL ESOP 2021' scheme, approved by the Nomination and Remuneration Committee on June 16, 2025. The shares have a face value of INR 2 each and were issued at an exercise price of INR 236.2 per share (premium of INR 234.2). After this allotment, the company's total issued and paid-up share capital stands at INR 11,92,28,100 divided into 5,96,14,050 equity shares. The newly allotted shares are subject to a 1-year lock-in period expiring on June 16, 2026, after which they will rank equally with existing shares.
This is a very small ESOP allotment (15,000 shares against 5.96 crore total shares, roughly 0.0025% dilution) and is unlikely to materially affect the stock price or shareholder value. The 1-year lock-in ensures no immediate supply pressure from these shares.