Rishabh Instruments allots 1,000 shares under ESOP 2022 Scheme B
RISHABH · price
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On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 2.6 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Rishabh Instruments has allotted 1,000 equity shares of Rs 10 face value to an eligible employee under the ESOP 2022 Scheme B, pursuant to stock option exercise at Rs 250 per share (Rs 240 premium). The paid-up equity capital has risen from Rs 38.82 crore to Rs 38.82 crore, with total issued shares now at 3,88,20,267. The new shares rank equally with existing shares and carry no lock-in.
Very small ESOP allotment, minimal dilution. No material impact on shareholding or stock price.