Intimation w.r.t allotment of ESOP
POONAWALLA · price
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Poonawalla Fincorp Ltd has allotted 1,63,243 equity shares of Rs. 2 each to employees under the Employee Stock Option Plan - 2021. The allotment was approved by the Nomination and Remuneration Committee on May 23, 2026. Following this, the company's paid-up equity share capital has increased to Rs. 176.10 crore, comprising 88,04,79,991 shares. The newly allotted shares will rank pari-passu with existing equity shares.
This is a routine ESOP allotment causing minor share dilution. The impact on existing shareholders is negligible, with the allotment representing less than 0.2% of total shares. This reflects employee compensation through equity and is a standard corporate action.