Sterlite Technologies Limited has informed the Exchange regarding Allotment of 35097 Shares under ESOP Scheme 2010 and 2016.
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Sterlite Technologies Limited has allotted 35,097 equity shares to employees who exercised their options under the company's ESOP schemes 2010 and 2016. The allotment was approved by the Authorization and Allotment Committee on May 15, 2026. Post-allotment, the company's total share capital stands at 488,167,635 equity shares, compared to 488,132,538 before the allotment. The newly allotted shares will rank pari passu with existing shares in all respects. The dilution from this ESOP exercise is minimal at approximately 0.007% of total equity.
This is a routine corporate action resulting in minor equity dilution from employee stock option exercises. The impact on the stock price is negligible given the very small number of shares allotted relative to the total share capital.