Moschip Technologies Limited has informed the Exchange regarding allotment of 118046 securities pursuant to ESOP/ESPS at its meeting held on September 26, 2025
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Moschip Technologies has allotted 1,18,046 equity shares of face value Rs. 2 each to eligible employees who exercised their vested stock options under various MosChip Stock Option Schemes. The allotment was approved by the Nomination and Remuneration Committee via a circular resolution dated September 26, 2025. As a result, the company's total equity share count has risen from 19,21,23,165 to 19,22,41,211 shares — a marginal increase of about 0.06%. The new shares will carry equal rights as existing shares.
This is a routine ESOP allotment causing very minor share dilution (under 0.1%). No meaningful impact on share price or shareholder value; simply converts employee stock options into actual shares.