13,738 shares allotted on employee option exercises
RAMCOSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.6 pts less than Nifty Microcap 250 and 6.2 pts less than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board committee approved 13,738 equity shares of Rs 10 each after employees exercised 5,250 options under the 2013 scheme, 4,752 under the 2014 scheme and 3,736 under the 2022 scheme. Paid-up capital rose from Rs 37,63,26,470 to Rs 37,64,63,850, while total shares increased from 3,76,32,647 to 3,76,46,385. The company plans to seek listing and trading permission.
The new shares equal about 0.004% of the existing total, causing minimal dilution. The company is seeking permission for their listing and trading.