MASTEKNSEMastek Limited· Computers - SoftwareLowNeutral
Announced Thu, 5 Mar · 18:59 IST

Mastek Limited has informed the Exchange regarding allotment of 5966 securities pursuant to ESOP/ESPS at its meeting held on March 05, 2026

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mastek Limited has allotted 5,966 equity shares of Rs. 5 face value to eligible employees who exercised their vested stock options under ESOP Plan VI and Plan VII. The allotment was approved by the Stakeholders' Relationship Committee on March 5, 2026. As a result, the total paid-up share capital has risen from Rs. 15.49 crore (3,09,91,374 shares) to Rs. 15.49 crore (3,09,97,340 shares). Exercise prices for these shares ranged from Rs. 5 to Rs. 350 per share. The newly issued shares will rank pari-passu with existing equity shares and carry no lock-in restrictions.

Likely market impact

This is a routine, very small ESOP allotment causing negligible dilution of around 0.02% in total share count. No material impact on existing shareholders or stock price is expected, as the shares were already factored in under the approved ESOP scheme pool.