PG Electroplast Limited has informed the Exchange about Allotment of Equity Shares pursuant to PG Electroplast Employees Stock Option Scheme - 2020
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PG Electroplast Limited has allotted 24,000 equity shares of face value Rs. 1 each to the company's Employees Welfare Trust under the PG Electroplast Employees Stock Option Scheme 2020. The allotment was approved by the Nomination and Remuneration Committee on May 12, 2025. Following this allotment, the paid-up equity share capital of the company has increased to Rs. 28,33,70,658, divided into 28,33,70,658 equity shares of Rs. 1 each. The shares are being allotted to the welfare trust, not directly to individual employees, which is a common ESOP administration structure.
This is a routine ESOP-related allotment involving a very small number of shares (24,000) relative to the total share count, resulting in negligible dilution. It is unlikely to have any meaningful impact on the stock price or shareholder value.