Poonawalla Fincorp Limited has informed the Exchange regarding allotment of 28850 securities pursuant to ESOP/ESPS at its meeting held on March 20, 2026
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Poonawalla Fincorp's Nomination and Remuneration Committee allotted 28,850 equity shares of face value Rs. 2 each under the Employee Stock Option Plan (ESOP) 2021 on March 20, 2026. The newly issued shares will rank equally with existing equity shares. Following this allotment, the company's total paid-up equity share capital stands increased to Rs. 162,56,35,316, comprising 81,28,17,658 equity shares. This is a routine disclosure under SEBI Listing Regulations regarding ESOP-related share issuance.
This is a small, routine ESOP allotment and is unlikely to have any material impact on the stock price. The dilution from 28,850 shares is negligible relative to the total share count of over 81 crore shares.