Rishabh Instruments Limited has informed the Exchange regarding Exercise of 2000 Options.
RISHABH · price
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Awaiting price reaction for this filing.
Rishabh Instruments Limited has allotted 2,000 equity shares of face value Rs. 10 each to an eligible employee under its Employee Stock Option Plan 2022 – Scheme B, pursuant to exercise of stock options. The exercise price was Rs. 250 per share, with a premium of Rs. 240 over face value. As a result, the company's paid-up equity share capital has increased from Rs. 38,40,74,240 to Rs. 38,40,94,240, taking the total number of equity shares from 3,84,07,424 to 3,84,09,424. The newly allotted shares rank pari-passu with existing shares and carry no lock-in. The allotment was approved via a board circular resolution dated June 3, 2025.
This is a routine, small-scale ESOP allotment representing just 0.005% of total share capital, so it has negligible impact on share price or shareholder value. It is mildly positive as it signals employee confidence in exercising options at Rs. 250 per share.