Stove Kraft Limited has informed the Exchange regarding Exercise of 10674 Options.
STOVEKRAFT · price
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Awaiting price reaction for this filing.
Stove Kraft Limited has allotted 10,674 equity shares of Rs. 10 each to an eligible employee under the Stove Kraft Employee Stock Option Plan 2018. The allotment was approved by the Nomination and Remuneration Committee on 1 August 2025. As a result, the company's paid-up equity share capital has risen from Rs. 33,07,58,260 (3,30,75,826 shares) to Rs. 33,08,65,000 (3,30,86,500 shares). This represents a very small increase of about 0.003% in the total share count.
This is a routine ESOP allotment with negligible dilution for existing shareholders. It is unlikely to have any meaningful impact on the stock price or shareholder value.