Allotment of equity shares under the MedPlus Employee Stock Option Plan, 2021
MEDPLUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MedPlus Health Services has allotted 79,157 equity shares (face value ₹2 each) to eligible employees upon exercise of stock options under its ESOP 2021 plan. Of these, 46,494 shares were exercised at ₹541.98 per share and 32,663 shares at ₹232 per share. As a result, the company's paid-up equity share capital has risen from ₹23,94,86,848 to ₹23,96,45,162, with total issued shares now standing at 11,98,22,581. The new shares will rank equally with existing shares, and no lock-in applies. The disclosure was made to both BSE and NSE as required under SEBI regulations.
This is a routine ESOP allotment with a very small dilution (79,157 shares out of ~11.97 crore total, roughly 0.07%). Minimal impact on shareholders; slight dilution of equity but proceeds come from employee exercise prices rather than fresh capital raise.