Pidilite Industries Limited has informed the Exchange regarding Allotment of 20330 Shares.
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Pidilite Industries has allotted 20,330 equity shares of face value Re. 1 each to eligible employees who exercised their stock options under the company's Employee Stock Option Plan 2016 (ESOP-2016). The shares were issued at par (Re. 1) on July 8, 2025, following a meeting of the ESOP Allotment Committee. As a result, the company's total share capital has increased from 50,86,48,755 to 50,86,69,085 equity shares. The newly allotted shares will carry equal rights as existing shares.
This is a routine, small-scale ESOP allotment and is unlikely to have any meaningful impact on the stock price or existing shareholders. The dilution from 20,330 shares is negligible compared to the total share capital of over 50.86 crore shares.