Announced Fri, 3 Jul · 18:00 IST
Metro Brands allots 3,873 shares under ESOP 2008
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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
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AI summary
Metro Brands has allotted 3,873 equity shares of Rs 5 each to eligible employees under its Stock Option Plan (ESOP 2008) after they exercised their stock options. Exercise prices range from Rs 228 to Rs 649.95 per share. Post allotment, total paid-up equity share capital rises from Rs 136.28 crore to about Rs 136.28 crore (27,25,65,341 shares). The company says this is not material in nature.
Likely market impact
Minor dilution of about 0.001 percent; routine ESOP exercise with no material impact on shareholders or stock price.