Shadowfax Technologies Limited has informed the Exchange regarding Allotment of 3,64,227 Shares of Rs. 10/- each to eligible employees/ESOP holders.
SHADOWFAX · price
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Shadowfax Technologies Limited has allotted 3,64,227 equity shares of Rs. 10 each to eligible employees and ESOP holders who exercised their stock options under the SFX ESOP 2016 plan. The allotment was approved by the Board via resolution passed in the meeting held on May 14, 2026. Following this, the company's issued and paid-up equity share capital increased from Rs. 5,83,62,17,000 to Rs. 5,83,98,59,270. The total number of equity shares increased from 58,36,21,700 to 58,39,85,927.
This is a routine ESOP exercise resulting in modest dilution of approximately 0.62% of total shares. No direct impact on stock price expected as this is an internal employee share allocation.