Piccadily Agro Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/03/2026 ,inter alia, to consider and approve Allotment of 2092 ....
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Piccadily Agro Industries has informed the exchanges that its Board of Directors will meet on Friday, 6 February 2026 to consider and approve the allotment of 2,092 equity shares of Rs. 10 each. These shares will be issued to eligible employees and grantees who have exercised stock options granted under the company's Employee Stock Option Plan 2024 (ESOP). The allotment size is very small, with a total face value of just about Rs. 20,920. This is a routine corporate action tied to the exercise of previously granted employee stock options, not a new fundraising or capital raise.
Negligible impact on shareholders — this is a tiny ESOP-driven allotment with minimal dilution and no material effect on share price or company value.