Rishabh Instruments Limited has informed the Exchange regarding Allotment of 45565 Shares.
RISHABH · price
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Rishabh Instruments has allotted 45,565 equity shares of face value Rs. 10 each to eligible employees who exercised stock options under the company's ESOP 2022 – Scheme A. The exercise price was Rs. 165 per share, which is Rs. 155 above the face value. As a result, the total paid-up equity share capital has risen from 3,84,97,348 shares (Rs. 38.50 crore) to 3,85,42,913 shares (Rs. 38.54 crore). The new shares rank equally with existing shares and carry no lock-in period. The allotment was approved via a board circular resolution dated March 23, 2026.
This is a routine ESOP allotment that slightly dilutes existing shareholders by about 0.012% (45,565 out of ~3.85 crore shares). The impact on stock price is negligible, though it reflects employees exercising vested options, which is a mildly positive sign of employee confidence in the company.