Allotment of 3,000 equity shares under ESOP Plan
NORTHARC · price
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Board approved allotment of 3,000 equity shares of face value Rs. 10 each to option grantees who exercised options under the Northern Arc Capital ESOP Plan 2016. Paid-up share capital rises from Rs. 161,80,78,750 (16,18,07,875 shares) to Rs. 1,61,81,08,750 (16,18,10,875 shares). Shares are fully paid and will be listed on BSE and NSE.
Marginal equity dilution of about 0.019 percent; routine ESOP allotment with no material impact on shareholders.