Sona Blw Precision Forgings Limited has informed the Exchange about allotment of equity shares under ESOP 2023 Plan
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Sona BLW Precision Forgings Limited has announced the allotment of 10,700 equity shares to eligible employees who exercised their vested options under the Sona Employee Stock Option Plan - 2023. The shares have a face value of Rs. 10 each and were allotted by the Nomination and Remuneration Committee on April 30, 2026. Following this allotment, the company's paid-up equity share capital increased from Rs. 621.85 crore to Rs. 621.86 crore. The newly allotted shares will rank equally with existing equity shares in all respects, including dividend entitlements.
This is a routine corporate action with minimal impact on stock price. The slight increase in share capital from ESOP exercises is normal and dilutive effect is negligible at 0.0017%.