Announced Tue, 7 Jul · 17:35 IST

Renaissance Global allots 28,000 shares under ESOP 2021 exercise

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RGL · price

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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹121.00
prior close
₹119.60
base price
After-mkt
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AI summary

The company allotted 28,000 equity shares to employees who exercised options under the RGL ESOP 2021 scheme, specifically Grant-5. Shares were allotted at Rs. 2 per share (face value), bringing in Rs. 56,000. Paid-up equity capital rose from about Rs. 21.47 crore (10.74 crore shares) to Rs. 21.48 crore (10.74 crore shares). The new shares rank equally with existing ones and will be listed on NSE and BSE. Diluted EPS stands at Rs. 0.72 per share.

Likely market impact

Minor share dilution of about 0.003 percent. Routine ESOP allotment with no material effect on existing shareholders.