Allotment of Equity Shares under Employees'' Stock Option Scheme 2017
NAVINFLUOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Navin Fluorine International's Nomination and Remuneration Committee allotted 5,200 equity shares on May 19, 2026, to eligible employees who exercised stock options under the ESOP 2017 scheme. The shares have a face value of ₹2 each and will rank equally with existing equity shares. Following this allotment, the company's paid-up share capital stands at ₹10,25,74,258, comprising 5,12,83,099 fully paid shares and 8,060 partly paid shares. This represents a minimal dilution of approximately 0.01% to existing shareholders. The company informed both BSE and NSE of this update.
This is a routine, small-scale ESOP exercise that will cause negligible dilution to existing shareholders. The impact on the stock price is expected to be immaterial given the tiny number of shares (5,200) relative to the total outstanding shares (~51.3 million).