Onward Technologies Limited has informed the Exchange regarding allotment of 4500 securities pursuant to ESOP/ESPS at its meeting held on November 12, 2025
ONWARDTEC · price
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Onward Technologies Limited has allotted 4,500 equity securities to employees under its Employee Stock Option Plan (ESOP) or Employee Stock Purchase Scheme (ESPS). The allotment was approved at a board meeting held on November 12, 2025. This is a routine issuance of shares to employees as part of their compensation or incentive plans. The number of shares is relatively small compared to typical listed company capital structures, so dilution impact is likely minor.
Minor dilution for existing shareholders due to a small fresh share issuance to employees; no significant impact expected on stock price as this is a routine ESOP allotment.