RRKABELNSER R Kabel LimitedLowNeutral
Announced Tue, 17 Jun · 15:36 IST

R R Kabel Limited has informed the Exchange regarding Allotment of 13332 Shares.

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RRKABEL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

R R Kabel Limited has allotted 13,332 equity shares to an eligible employee who exercised vested stock options under the RR Kabel Employee Stock Option Plan 2020 (ESOP 2020). The shares have a face value of ₹5 each and were issued at an exercise price of ₹270.10 per share (premium of ₹265.10). Following this allotment, the company's paid-up equity share capital has increased from ₹56.53 crore (11,30,72,901 shares) to ₹56.54 crore (11,30,86,233 shares). The newly issued shares will rank equally with existing equity shares, and no lock-in period applies. The disclosure has been filed under SEBI's Share Based Employee Benefits Regulations, 2021.

Likely market impact

This is a routine, very small ESOP-driven share allotment with negligible dilution (about 0.001% of total shares). No material impact on shareholders or stock price is expected.