Polycab India Limited has informed the Exchange regarding Allotment of 1085 Shares.
POLYCAB · price
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Polycab India has allotted 1,085 equity shares of face value ₹10 each to eligible employees who exercised their stock options under the Polycab Employee Stock Option Performance Scheme 2018. The Finance and Operations Committee approved this allotment at its meeting held on March 9, 2026. The number of shares allotted is very small relative to the company's overall share base, making this a routine, non-material corporate action. This is part of the company's regular ESOP programme to reward and retain employees.
Minimal impact on shareholders — the dilution from 1,085 shares is negligible and is already factored into share count expectations. No material effect on stock price or shareholder value is expected.