Shadowfax Technologies Limited has informed the Exchange regarding Allotment of 7,66,530 Shares of Rs. 10/- each to eligible employees/ESOP holders.
SHADOWFAX · price
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Shadowfax Technologies Limited has allotted 7,66,530 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 of Directors via a circular resolution on May 18, 2026. Following this, the company's paid-up equity share capital increased from Rs. 5,83,98,59,270 to Rs. 5,84,75,24,570. The total number of shares increased from 58,39,85,927 to 58,47,52,457 equity shares.
This is a routine ESOP-related share dilution event. Existing shareholders will see a slight dilution in their ownership percentage as new shares are issued to employees. The impact on stock price is typically minimal for such planned employee compensation allotments.