Allotment of 3,64,227 Equity Shares of Rs. 10/-each to the eligible employees/ESOP holders
SHADOWFAX · price
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Shadowfax Technologies Ltd has allotted 364,227 equity shares of Rs. 10 each to eligible employees who exercised their stock options under the SFX ESOP 2016 plan. The allotment was approved by the Board on May 14, 2026. Following this, the company's paid-up equity share capital increased from Rs. 5,83,62,17,000 to Rs. 5,83,98,59,270, with total shares rising from 58,36,21,700 to 58,39,85,927. This is a routine ESOP-related dilution and does not involve any fresh capital raise for the company.
Mild equity dilution — existing shareholders' ownership percentage has marginally decreased due to new shares being issued under the employee stock option plan.