STLNETWORKBSESTL NETWORKS LIMITEDLowNeutral
Announced Tue, 21 Jul · 17:35 IST

Allotment of 28,187 equity shares under SP-ESOS 2025 scheme

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STLNETWORK · price

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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹24.60
prior close
₹24.94
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AI summary

STL Networks allotted 28,187 equity shares of face value Rs 2 each under its Special Purpose Employee Stock Option Scheme 2025, upon exercise of stock options. Total money realized was Rs 56,374. The scheme was created under the demerger scheme with Sterlite Technologies to adjust options of eligible employees. Total issued shares now stand at 48,81,04,687. EPS remains unaffected as the allotment size is negligible.

Likely market impact

Minor, routine ESOP allotment with negligible dilution; no meaningful impact on EPS or shareholding pattern.