Announced Thu, 4 Jun · 20:23 IST
Shadowfax Technologies Limited has informed the Exchange regarding Allotment of 2,27,955 Shares of Rs. 10/- each to eligible employees/ESOP holders.
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SHADOWFAX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹201.50
prior close
₹203.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-0.9-2.0-1.6+0.3+8.7+6.1+4.0+8.7+5.5+12.4+15.6——
Up moveDown movePending
AI summary
Shadowfax Technologies Limited has allotted 2,27,955 equity shares of Rs. 10 each to eligible employees and ESOP holders. The shares were issued under the company's Employee Stock Option Plan. This is a routine corporate action aimed at rewarding and retaining employees by giving them ownership stakes in the company.
Likely market impact
This is a minor, routine allotment that leads to a small dilution of existing shareholders' equity, but signals employee retention and alignment with company growth. It is unlikely to have any meaningful impact on the stock price.