TATA CONSUMER PRODUCTS LIMITED has informed the Exchange regarding Allotment of 580 Shares.
TATACONSUM · price
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Tata Consumer Products allotted 580 fully paid equity shares of Re. 1 each on June 24, 2025, following the exercise of stock options under the company's TCPL - Share Based Long Term Incentive Scheme 2021. This is a routine ESOP allotment approved by the company's Allotment Committee. As a result, the total paid-up equity share capital has increased marginally from Rs. 98,95,33,170 (98,95,33,170 shares) to Rs. 98,95,33,750 (98,95,33,750 shares). The newly issued shares will rank equally with existing equity shares in all respects.
The dilution from this allotment is negligible—just 580 shares out of nearly 99 crore shares—meaning virtually no impact on existing shareholders' value or the stock price. This is a standard ESOP-related disclosure with no material financial implications.