RISHABH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rishabh Instruments Limited has allotted 71,251 equity shares of Rs. 10 each to eligible employees who exercised their stock options under the ESOP 2022 Scheme A. The exercise price was Rs. 165 per share with a premium of Rs. 155. Following this allotment, the company's paid-up equity share capital increased from Rs. 38.55 crore to Rs. 38.62 crore. The new shares rank pari-passu with existing equity shares and are identical in all respects.
This is a routine ESOP exercise that causes minor share dilution (0.18% increase in share count). The company raised approximately Rs. 1.18 crore from employees exercising options at Rs. 165 per share, which is modestly positive for cash flow.