Parag Milk Foods Limited has informed the Exchange regarding allotment of Equity Shares to ESOP Trust
PARAGMILK · price
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Parag Milk Foods Limited has allotted 5,00,000 equity shares of Rs. 10 each to its Employee Stock Option Trust under the ESOP 2022 scheme. The Finance Committee approved this allotment on May 28, 2026. The company's paid-up equity share capital has increased from Rs. 125.10 crore (12,51,09,554 shares) to Rs. 125.60 crore (12,56,09,554 shares). These shares will be transferred to eligible employees when they exercise their stock options. The shares rank pari passu with existing equity shares.
Minor share dilution of approximately 0.4%. This is a routine corporate action to support employee stock option scheme. Impact on existing shareholders is negligible and does not indicate any negative development.