PG Electroplast Limited has informed the Exchange about allotment of Equity Shares pursuant to PG Electroplast Employees Stock Options Scheme - 2020.
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PG Electroplast's Nomination & Remuneration Committee allotted 7,05,000 equity shares (face value Rs. 1 each) to the PG Electroplast Limited Employees Welfare Trust under the ESOP Scheme 2020. The total paid-up share capital has increased from Rs. 28.34 crore (28,33,70,658 shares) to Rs. 28.41 crore (28,40,75,658 shares). This represents a minor dilution of about 0.25% of the existing share base. The allotment was completed on August 8, 2025.
This is a routine ESOP-related allotment with very small dilution to existing shareholders. The impact on share price is likely negligible as it is a small expansion of share capital to fulfil employee stock options.