Shadowfax Technologies Limited has informed the Exchange regarding Allotment of 7,27,452 Shares of Rs. 10/- each to eligible employees/ESOP holders.
SHADOWFAX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shadowfax Technologies Limited has allotted 7,27,452 equity shares of Rs. 10 each to eligible employees and ESOP holders who exercised their stock options under the SFX ESOP 2016. The Board passed this resolution in its meeting held on April 22, 2026. As a result, the company's paid-up equity share capital increased from Rs. 5,82,27,15,050 to Rs. 5,82,99,89,570. The total number of shares increased from 58,22,71,505 to 58,29,98,957 equity shares. This is a routine ESOP exercise disclosure under SEBI Listing Regulations.
This is a routine corporate action resulting in equity dilution. Existing shareholders will see a slight reduction in their percentage holding due to the new share issuance. The stock options were exercised at what would have been the predetermined ESOP grant/exercise price.