RISHABHNSERishabh Instruments LimitedLowNeutral
Announced Mon, 23 Mar · 17:12 IST

Rishabh Instruments Limited has informed the Exchange regarding Allotment of 3100 Shares.

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RISHABH · price

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Price reaction · full curve 14 horizons · vs prior close
+4.9%1-day move
₹372.20
prior close
₹373.95
base price
After-mkt
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-1.4-1.1-0.3-0.9+4.9+0.5-6.2+2.1+2.4+8.8+27.5+31.1+48.3+57.2
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AI summary

Rishabh Instruments Limited has allotted 3,100 equity shares of face value Rs. 10 each to eligible employees under its Employee Stock Option Plan 2022 – Scheme B, following the exercise of stock options. The shares were allotted at an exercise price of Rs. 250 per share (with a premium of Rs. 240 per share) via a board circular resolution dated March 23, 2026. As a result, the company's paid-up equity share capital has risen from Rs. 38,54,29,130 (3,85,42,913 shares) to Rs. 38,54,60,130 (3,85,46,013 shares). The newly issued shares carry distinctive numbers from 38,542,914 to 38,546,013 and rank equally with existing equity shares. There is no lock-in on these shares, and the shares are identical in all respects to existing shares.

Likely market impact

This is a routine ESOP allotment with a negligible increase in share count (~0.008%), so it is unlikely to have any material impact on the stock price or shareholder value. Share dilution is minimal and was already anticipated as part of the company's approved stock option scheme.