Announced Thu, 25 Jun · 18:37 IST
Allotment of 7,483 equity shares under Employee Stock Unit Plan 2023
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Price reaction · full curve 14 horizons · vs prior close
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₹1431.10
prior close
₹1434.50
base price
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AI summary
Rainbow Childrens Medicare has allotted 7,483 equity shares of Rs 10 face value to one eligible employee who exercised vested stock units under the Stock Unit Plan 2023. Exercise price was Rs 10 per share, raising Rs 74,830. Paid-up equity capital rose from Rs 101.56 crore to about Rs 101.57 crore, taking total shares to 10,15,66,639. Diluted EPS stands at Rs 24.62. The new shares will rank equally with existing shares and listing formalities are under way.
Likely market impact
Routine ESOP allotment with negligible dilution. No material impact on shareholders or stock price.