Mold-Tek Technologies Limited has informed the Exchange regarding Allotment of 240658 Shares.
MOLDTECH · price
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Mold-Tek Technologies has allotted 2,40,658 equity shares to employees who exercised their stock options under the company's MTTL ESOS-2016 employee stock option scheme. The shares have a face value of ₹2 each and were issued at an exercise price of ₹68 per share, bringing in approximately ₹1.64 crore for the company. These options were originally granted on 23rd February 2022 as part of 6,00,495 options, with 29,565 options having lapsed earlier due to employee resignations and ineligibility. The newly issued shares will rank equally with existing shares, taking the total issued share count to 2,88,05,118. The diluted EPS impact stands at ₹0.16 per share based on unaudited results for the quarter ended 31st December 2024.
This is a routine ESOP allotment causing minor share dilution (about 0.84% increase in total share count). Existing shareholders are not materially affected as the new shares rank pari passu and the dilution was already anticipated under the approved employee stock option scheme.