Allotment of 31,977 Equity shares pursuant to exercise of Employee Stock Options.
SENCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Senco Gold Limited has allotted 31,977 equity shares to eligible employees who exercised their stock options under the ESOP Scheme 2018. Of these shares, 26,377 were exercised at Rs. 237 per share (Tranche-IV) and 5,600 at Rs. 125 per share (Tranche-I). The company's paid-up share capital has increased marginally from Rs. 81.90 crore to Rs. 81.92 crore following this allotment. The new shares will rank equally with existing equity shares. This is a routine disclosure under the company's employee stock option programme.
This is a routine ESOP exercise with minimal dilution of approximately 0.02%, which is negligible for shareholders. No material impact on the stock is expected from this small increase in share capital.