SFL · price
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Sheela Foam Limited's Board has allotted 4,390 equity shares of Rs. 5/- face value to eligible employees who exercised stock options under the SF ESOP - 2022 scheme. The exercise price was exactly the face value (Rs. 5 per share) with no premium. This increased the company's share capital from 10,91,98,924 to 10,92,03,314 shares, with total capital now at Rs. 54,60,16,570. The newly allotted shares rank equally with existing equity shares in all respects. This is a routine ESOP exercise disclosure under SEBI regulations.
The dilution is minimal at just 4,390 shares (less than 0.004% of total shares). No material impact on stock price expected; this is standard employee compensation activity.