Announced Fri, 24 Apr · 19:47 IST
Poonawalla Fincorp Limited has informed the Exchange regarding Allotment of 68207 Shares.
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POONAWALLA · 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
-0.6%1-day move
₹418.45
prior close
₹419.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.0+0.3+0.1-0.6+0.8+0.1+5.2+4.7+8.3-3.6-5.7+2.3+12.7
Up moveDown movePending
AI summary
The Nomination and Remuneration Committee of Poonawalla Fincorp Limited has allotted 68,207 equity shares of Rs. 2 face value each to employees under the company's stock option schemes. The shares will rank equally with existing equity shares. Following this allotment, the company's paid-up equity capital increases to Rs. 176.06 crore comprising 88,03,16,748 shares. This is a routine ESOP exercise with minor dilution impact.
Likely market impact
Minor share dilution of approximately 0.008% for existing shareholders. Positive signal showing employee confidence in the company. No material impact on stock price expected.