Sheela Foam Limited has informed the Exchange about allotment of exercised shares
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Sheela Foam Limited has allotted 4,782 equity shares of face value Rs. 5 each to eligible employees who exercised their stock options under the SF ESOP 2022 plan. The allotment was approved by the Nomination and Remuneration Committee on April 29, 2025. The shares were issued at Rs. 5 per share (no premium), and there is no lock-in period. After this allotment, the company's total issued shares increased from 10,87,05,997 to 10,87,10,778, with total issued share capital rising to Rs. 54,35,53,890.
This is a routine ESOP allotment with a negligible dilution (0.004% increase in share count). No material impact on shareholders or stock price — it's a standard employee compensation event with shares issued at face value.