Moschip Technologies Limited has informed the Exchange regarding allotment of 1,04,517 securities pursuant to ESOP/ESPS.
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Moschip Technologies has allotted 1,04,517 equity shares of face value Rs. 2 each to eligible employees under its various Employee Stock Option Plans (ESOPs). The allotment was approved by the Nomination and Remuneration Committee on 26th August 2025 via a circular resolution. As a result, the company's total equity share count has risen from 19,20,18,648 to 19,21,23,165 shares. The newly issued shares will rank equally (pari-passu) with existing shares in all respects.
This is a routine ESOP allotment with a very small dilution of about 0.05% to the total share count, so the impact on existing shareholders is minimal. It reflects employees exercising vested stock options, which is a normal operational event and not expected to materially affect the stock price.