METROBRANDNSEMetro Brands LimitedLowNeutral
Announced Fri, 3 Jul · 18:04 IST

Allotment of 3,873 shares under ESOP 2008 plan

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METROBRAND · price

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Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹1039.90
prior close
₹1039.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.4+0.8+1.5+1.9+1.8+2.8+1.3+3.4+0.8-0.5
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AI summary

Metro Brands has allotted 3,873 equity shares of Rs 5 each under its ESOP 2008 plan to eligible employees who exercised their stock options. Exercise prices were Rs 228 (3,342 shares), Rs 608.55 (431 shares) and Rs 649.95 (100 shares). Paid-up equity capital rose from Rs 136.28 crore to Rs 136.28 crore, with total shares going from 27,25,61,468 to 27,25,65,341. The company has classified this allotment as not material.

Likely market impact

Minor equity dilution of about 0.001 percent; no material impact on shareholders.