SHADOWFAXNSEShadowfax Technologies LimitedLowNeutral
Announced Tue, 31 Mar · 22:28 IST

Shadowfax Technologies Limited has informed the Exchange regarding allotment of 9,44,886 Equity Shares of Rs. 10/- each to eligible employees/ESOP holders.

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Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹115.00
prior close
₹115.38
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AI summary

Shadowfax Technologies has allotted 9,44,886 equity shares of Rs. 10 each to eligible employees/ESOP holders who exercised their stock options under the SFX ESOP 2016 plan. The allotment was done via a board circular resolution passed on March 31, 2026. As a result, the company's paid-up equity share capital has increased from Rs. 581.33 crore (58.13 crore shares) to Rs. 582.27 crore (58.23 crore shares). The new shares represent a marginal expansion of about 0.16% in the total share count.

Likely market impact

Minor dilution (~0.16%) for existing shareholders as new shares are issued to employees exercising ESOPs. This is a routine corporate action with no material impact on share price or fundamentals.