Sterlite Technologies Limited has informed the Exchange regarding Allotment of 13941 Shares under ESOP Scheme 2010
STLTECH · price
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Sterlite Technologies has allotted 13,941 equity shares to employees who exercised their stock options under the company's ESOP Scheme 2010. The allotment was approved by the Authorization and Allotment Committee of the Board on May 12, 2025. The newly issued shares will rank equally with existing shares in all respects. As a result, the company's total share capital has increased from 487,921,086 to 487,935,027 equity shares, a minor dilution of about 0.003%.
This is a routine, small ESOP allotment with negligible dilution. No material impact on shareholders or stock price is expected — it is standard employee compensation-related share issuance.