Allotment of 5020 Equity Shares under Esop Scheme 2024
RMC · price
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RMC Switchgears Ltd has allotted 5,020 equity shares of Rs. 10 each to employees who exercised their stock options under the Employee Stock Option Scheme 2024. The company's paid-up equity share capital increases marginally from Rs. 10,57,68,500 to Rs. 10,58,18,700, a rise of Rs. 50,200. The allotment was approved by the Nomination and Remuneration Committee on May 8, 2026. This is a routine ESOP exercise with negligible impact on the company's capital structure.
Minimal dilution — only 5,020 shares added to the pool. No material impact on stock price or shareholder value expected from this routine employee compensation event.