Announced Tue, 7 Jul · 13:37 IST
Radico Khaitan allots 51,048 shares under ESOP 2006
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RADICO · price
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Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹4130.30
prior close
₹4100.00
base price
In-mkt
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AI summary
Radico Khaitan allotted 51,048 equity shares of Rs. 2 each to eligible employees on exercise of stock options under its ESOP 2006 scheme. Exercise prices were Rs. 928.05, Rs. 1,015.37, and Rs. 2,081.48 per share. Post-allotment, total paid-up equity share capital stands at 13,39,82,398 shares (about Rs. 26.80 crore). The new shares rank equally with existing shares and no lock-in applies. The company will complete listing formalities shortly.
Likely market impact
Minor equity dilution from routine ESOP exercise. No material impact on shareholders; shares rank equally with existing equity.