PDS Limited has informed the Exchange regarding Allotment of 10000 Shares.
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PDS Limited's Nomination and Remuneration Committee approved the allotment of 10,000 equity shares (face value ₹2 each) on July 31, 2025 to employees and subsidiary employees who exercised their vested stock options under the PDS Limited Employee Stock Option Plan 2021 – Plan A. The exercise price was ₹219 per share, which is significantly above the face value, resulting in ₹217 per share premium. As a result, the company's total issued and paid-up share capital increased from ₹28,26,79,266 (14,13,39,633 shares) to ₹28,26,99,266 (14,13,49,633 shares). The newly issued shares will rank equally with existing equity shares, and there is no lock-in period on these shares.
This is a routine ESOP allotment with a very small dilution of about 0.007% (10,000 out of 14.13 crore shares), so it is unlikely to have any meaningful impact on share price or shareholder value. The relatively high exercise price of ₹219 reflects the value employees see in the stock and brings fresh capital into the company.