Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We wish to inform you that the Board of Directors of Solarium Green Energy Limited ....
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Solarium Green Energy Limited has allotted 15,340 equity shares of face value Rs. 10 each to employees who exercised stock options under the Solarium Employee Stock Option Plan, 2024. The shares were allotted at the exercise price of Rs. 10 (no premium). With this allotment, the company's paid-up equity share capital has risen from Rs. 20.84 crore (2,08,49,600 shares) to Rs. 20.86 crore (2,08,64,940 shares). The newly issued shares are identical to existing equity shares and carry no lock-in period. The dilution from this allotment is very small at roughly 0.07% of the existing share base.
Minimal impact on shareholders — the allotment represents a negligible dilution of under 0.1% and is a routine ESOP exercise event with no lock-in or premium implications.