Rubicon Research Limited has informed the Exchange regarding 'Allotment of Equity Shares Pursuant to Exercise of ESOPs'.
RUBICON · price
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Rubicon Research's Nomination and Remuneration Committee allotted 3,41,815 fully paid-up equity shares of face value INR 1 each on 31st March 2026, pursuant to the exercise of employee stock options under the ESOP 2022 scheme. As a result, the company's paid-up equity share capital has risen to INR 16,50,92,124, comprising 16,50,92,124 equity shares. The shares are listed on both BSE (Scrip Code: 544578) and NSE (Symbol: RUBICON). This is a routine disclosure under SEBI Listing Regulations regarding ESOP conversions.
This is a minor, routine ESOP-driven equity dilution of roughly 2.1% (3.41 lakh new shares on a base of ~16.5 crore shares). No material impact on existing shareholders or stock price is expected.