Pearl Global Industries Limited has informed the Exchange regarding Allotment of 22500 Shares.
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Pearl Global Industries Limited has allotted 22,500 equity shares with a face value of Rs. 5 each to eligible employees and subsidiary employees who exercised their stock options under the company's ESOP Plan 2022. The shares were issued on August 21, 2025, at three different exercise prices: Rs. 150, Rs. 162.50, and Rs. 448 per share. After this allotment, the total issued share count stands at 4,59,78,717, raising the total issued share capital to approximately Rs. 22.99 crore. The newly issued shares carry no lock-in period and are identical in all respects to existing equity shares of the company.
This is a routine ESOP allotment with a very small dilution (22,500 shares out of ~4.6 crore total), so it is unlikely to have any meaningful impact on share price or shareholder value. It signals ongoing employee incentive activity, which is generally neutral for retail investors.