Announced Wed, 29 Apr · 19:05 IST
Syngene allots 7,29,727 shares under Long Term Incentive PSU Plan 2023
Capital Market Events View source PDF
SYNGENE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+13.6%1-day move
₹431.40
prior close
₹431.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+9.2+11.2+8.6+9.4+13.6+4.6+4.3+8.0+6.8+10.7+7.2+4.3+2.1—
Up moveDown movePending
AI summary
Syngene International's Board approved allotment of 7,29,727 equity shares to the Syngene Employee Welfare Trust under the Syngene Long Term Incentive Performance Share Plan 2023 on April 29, 2026. This raises paid-up equity capital from 40,29,39,420 to 40,36,69,147 shares (Rs. 10 face value). Exercise price is Rs. 10 per share with no premium. New shares rank equally with existing equity shares.
Likely market impact
Minor equity dilution (~0.18%) from ESOP allotment; routine employee benefit action with no material price impact expected.