Announced Thu, 12 Jun · 15:36 IST
Polycab India Limited has informed the Exchange regarding allotment of 21360 securities pursuant to ESOP/ESPS at its meeting held on Jun 12, 2025
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POLYCAB · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Polycab India Limited has allotted 21,360 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 allotment was approved by the Finance and Operations Committee at its meeting held on June 12, 2025. This is a routine issuance under the company's existing employee stock option plan.
Likely market impact
Minor dilution of existing shareholders due to a small ESOP allotment. This is a routine corporate action with negligible impact on the stock price.