PIDILITINDNSEPidilite Industries Limited· Chemicals - SpecialityLowNeutral
Announced Thu, 16 Apr · 18:56 IST

Pidilite Industries Limited has informed the Exchange regarding Allotment of 9060 Shares.

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PIDILITIND · price

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Price reaction · full curve 14 horizons · vs prior close
+4.3%1-day move
₹1332.00
prior close
₹1334.90
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AI summary

Pidilite Industries has allotted 9,060 equity shares under its Employee Stock Option Plan 2016 (ESOP-2016). Out of these, 6,060 shares were allotted at par (face value of Re.1 each) and 3,000 shares were allotted at an exercise price of Rs. 1,195.38 per share to eligible employees who exercised their stock options. The new shares will rank equally with existing equity shares. Following this allotment, the company's total share capital has increased from 1,017,766,288 to 1,017,775,348 equity shares. The decision was taken by the ESOP Allotment Committee on 16th April 2026.

Likely market impact

This is a routine, small-scale ESOP allotment with negligible dilution (about 0.0009% increase in share count). No material impact expected on share price or shareholder value.