Announced Wed, 13 May · 13:17 IST

Onesource Specialty Pharma Limited has informed the Exchange about allotment of ESOPS

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ONESOURCE · price

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Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹1830.10
prior close
₹1764.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.4+0.1+0.2-0.8+0.2-1.1+1.1+2.4-0.3-0.3-11.4-8.6
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AI summary

OneSource Specialty Pharma Limited's Board of Directors approved the allotment of 3,150 equity shares of INR 1/- each to eligible employees who exercised their vested options under the Employee Stock Option Plan 2021. The exercise price was INR 278 per share (including INR 277 premium). As a result, the company's paid-up share capital increased marginally from INR 114,642,651 to INR 114,645,801. The newly allotted shares will rank pari passu with existing equity shares.

Likely market impact

This is a routine corporate action with negligible dilution impact (0.0027%) for existing shareholders. The ESOP exercise at INR 278 indicates employee confidence in the company's prospects but has no immediate material impact on the stock.