STL Networks Limited has informed the Exchange about Options to purchase securities
STLNETWORK · price
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Awaiting price reaction for this filing.
STL Networks Limited has allotted 40,341 equity shares of face value ₹2 each under its Employee Stock Option Scheme 2025 (SNL ESOS 2025), following the exercise of options by eligible employees. The exercise price was ₹2 per share, meaning the company received ₹80,682 in total. After this allotment, the total issued share count stands at 4,87,986,306 shares, taking the total share capital to ₹97,59,72,612. The new shares are identical to existing shares and carry no lock-in. The company has stated that earnings per share are unaffected because the number of shares issued is negligible.
This is a routine, small-scale ESOP allotment and is unlikely to have any meaningful impact on the stock price or shareholders. The dilution from 40,341 shares is negligible compared to the existing share base.