POLYCABNSEPolycab India LimitedLowNeutral
Announced Sat, 19 Jul · 14:38 IST

Polycab India Limited has informed the Exchange regarding Allotment of 10855 Shares.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Polycab India Limited has allotted 10,855 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 July 18, 2025. This is part of the company's ongoing employee stock option plan and is a routine disclosure required under listing rules. The shares were allotted at face value with no premium details mentioned in this disclosure.

Likely market impact

This is a minor ESOP allotment with negligible dilution impact. Shareholders should see no material effect on stock price or shareholding structure.