Rmc Switchgears Limited has informed the Exchange regarding Allotment of 5020 Shares.
RMC · price
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RMC Switchgears Limited has allotted 5,020 equity shares of Rs. 10 each to employees who exercised their stock options under the Employee Stock Option Scheme 2024. This allotment was approved by the Nomination and Remuneration Committee on May 8, 2026. Following the allotment, the company's paid-up equity share capital increases marginally from Rs. 10,57,68,500 to Rs. 10,58,18,700. The dilution is minimal at approximately 0.047% for existing shareholders.
Minimal dilution for existing shareholders. The event reflects routine ESOP execution with negligible impact on the stock but indicates employee participation in the company's growth.