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SpiceJet's Board of Directors, at a meeting on November 12, 2025, allotted 71,500 equity shares of face value Rs.10 each to employees who exercised options under the company's ESOP 2017 scheme. The shares were issued at an exercise price of Rs.10 (no premium), in dematerialized form, with distinctive numbers 1413521268 to 1413592767. Post-allotment, the total issued share capital stands at 1,41,35,98,767 equity shares (Rs.1,41,35,98,767 crores). The filing also notes no lock-in period applies, the shares are identical to existing equity shares, and this allotment is considered non-material under SEBI LODR regulations.
This is a routine ESOP allotment with negligible dilution (~0.005% of total shares), unlikely to have any meaningful impact on share price or shareholder value. The company itself classified it as non-material.