Radico Khaitan Limited has informed the Exchange regarding Allotment of 43851 Shares.
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Radico Khaitan has allotted 43,851 equity shares of Rs. 2 each to eligible employees who exercised stock options under the company's ESOP 2006 scheme. Out of these, 4,444 shares were issued at Rs. 928.05 per share and 39,407 shares at Rs. 1,015.37 per share. After this allotment, the company's total paid-up equity share capital stands at 13,38,67,518 shares worth Rs. 26,77,35,036. The new shares will rank equally with existing shares and will be listed on BSE and NSE once formalities are completed.
This is a routine ESOP allotment causing negligible dilution (0.03% increase in share count). No material impact on stock price or shareholder value expected.