STL Networks Limited has informed the Exchange about Options to purchase securities
STLNETWORK · price
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STL Networks Limited has allotted 44,996 equity shares of Rs. 2 face value each to employees upon exercise of stock options under SP-ESOS 2025. The money realized from the exercise is Rs. 89,992 (Rs. 2 per share). The total issued share capital after this allotment stands at 97,61,53,002 shares. The company states earnings per share remain unaffected as the quantity of shares allotted is negligible. This ESOP scheme was created as part of a Scheme of Arrangement following the demerger from Sterlite Technologies Limited, where eligible employees received equivalent options in the resulting company.
Minimal dilution impact — the company explicitly states EPS remains unaffected as the share count increase is negligible. This is a routine ESOP exercise with no material impact on shareholding or stock price.