Polycab India Limited has informed the Exchange regarding allotment of 33885 securities pursuant to ESOP/ESPS at its meeting held on Jun 18, 2025
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Polycab India has allotted 33,885 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 on June 18, 2025. This is part of the company's regular employee compensation programme and represents a small issuance relative to the overall share base. The shares will now be listed and tradable on the stock exchanges.
This is a routine ESOP allotment with minimal dilution impact. Shareholders may see a marginal increase in share count, but the effect on earnings per share and stock price is negligible.