Allotment of ESOP under Employees Stock Options Scheme, 2024
RMC · price
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The Nomination and Remuneration Committee of RMC Switchgears approved the allotment of 25,050 equity shares (face value Rs. 10 each) to employees who exercised their stock options under the Employee Stock Option Scheme 2024. As a result, the company's paid-up equity share capital has increased from Rs. 10,55,18,000 to Rs. 10,57,68,500 — a rise of about Rs. 2.5 lakh. This is a routine disclosure under SEBI LODR regulations following the committee meeting held on 29 January 2026.
Minor dilution of existing shareholders' equity by about 0.24%, but a positive signal that employees are motivated and the ESOP scheme is being actively used. Negligible impact on share price or shareholder value.