Announced Wed, 3 Jun · 19:25 IST
Polycab India Limited has informed the Exchange regarding Allotment of 23450 Shares.
Capital Market Events View source PDF
POLYCAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹9585.00
prior close
₹9565.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+1.1+0.9+1.8+0.9-1.4+0.6-0.5-2.3-0.3-0.3+0.1——
Up moveDown movePending
AI summary
Polycab India Limited has informed the stock exchange about the allotment of 23,450 shares. This type of announcement typically refers to shares issued under an employee stock option plan (ESOP) or a similar scheme. The number of shares is relatively small compared to the company's overall share base, suggesting routine internal allotment. No details on pricing or the specific scheme were provided in the headline.
Likely market impact
This is a minor, routine corporate action with negligible impact on the stock price or existing shareholders. Share dilution is minimal given the small size of the allotment.