Monarch Networth Capital Limited has informed the Exchange regarding Allotment of 776400 Shares.
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Monarch Networth Capital has allotted 7,76,400 equity shares of face value Rs. 10 each to its Employees Welfare Trust under the MNCL ESOS-2021 stock option scheme. The shares were issued at Rs. 10 per share (no premium), following approval by the Nomination and Remuneration Committee on June 13, 2025. As a result, the company's total paid-up share capital has risen to Rs. 79.24 crore, consisting of 7.92 crore equity shares. The newly issued shares will rank equally with existing shares, and there is no lock-in period on them. This is part of the company's employee stock option plan to reward and retain staff.
This is a routine ESOP-related share allotment, which increases the total share count by about 1% and may cause mild dilution for existing shareholders. The shares are allotted to the company's ESOP Trust (not yet granted to employees), so any further dilution will depend on how and when the trust transfers these shares to employees upon exercise of options.