POLYCABNSEPolycab India LimitedLowNeutral
Announced Sat, 2 Aug · 16:32 IST

Polycab India Limited has informed the Exchange regarding Allotment of 6250 Shares.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Polycab India Limited has allotted 6,250 equity shares with a face value of ₹10 each to eligible employees who exercised their stock options under the Polycab Employee Stock Option Performance Scheme 2018. The allotment was approved by the Finance and Operations Committee at its meeting held on August 02, 2025. This is a routine ESOP-related corporate action and represents a very small number of shares relative to the company's total share capital. The company has informed both BSE and NSE about the allotment.

Likely market impact

This is a minor, routine ESOP allotment with negligible dilution impact on existing shareholders. No material effect on stock price is expected as this is part of an ongoing employee incentive programme.