Senco Gold Limited has informed the Exchange regarding allotment of 37300 equity shares pursuant to exercise of employee stock options.
SENCO · price
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Senco Gold Limited has allotted 37,300 equity shares of face value Rs. 5 each to eligible employees under its ESOP Scheme 2018. Of these, 11,500 shares were from Tranche-I at an exercise price of Rs. 125 per share, and 25,800 shares were from Tranche-II & III at Rs. 140.79 per share. Post-allotment, the company's paid-up equity share capital has risen from Rs. 81.84 crore (16.36 crore shares) to Rs. 81.86 crore (16.37 crore shares). The newly issued shares will rank equally with existing equity shares in all respects.
This is a minor, routine ESOP allotment that results in a very small dilution (~0.02%) of existing shareholders' equity. It is unlikely to have any meaningful impact on the stock price or shareholder value.