Onward Technologies Limited has informed the Exchange regarding allotment of 3500 securities pursuant to ESOP/ESPS at its meeting held on March 02, 2026
ONWARDTEC · price
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Onward Technologies has allotted 3,500 equity shares to eligible employees who exercised their vested stock options under the company's Employee Stock Option Scheme (ESOP 2019). Each share has a face value of ₹10 and was issued at an exercise price of ₹20 (including a ₹10 premium). After this allotment, the company's total issued share count stands at 2,27,53,870 shares, with a total issued share capital of ₹22,75,38,700. The new shares will rank equally with existing equity shares and are listed on both BSE (scrip code 517536) and NSE (symbol: ONWARDTEC). The decision was approved by the Nomination and Remuneration Committee via a circular resolution on March 2, 2026.
This is a routine, small-scale ESOP allotment with no material impact on share price or shareholder value. The 3,500 shares represent a very minor dilution (roughly 0.0015% of total shares).