Tech Mahindra Limited has informed the Exchange regarding Allotment of 76796 Shares.
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Tech Mahindra has allotted 76,796 equity shares to employees who exercised their stock options on May 3, 2025. Of these, 16,504 shares were issued under the ESOP-2014 plan and 60,292 shares under the ESOP-2018 scheme. The shares were allotted at ₹5 per share (equal to face value, with no premium). After this allotment, the total issued share capital stands at ₹489.54 crore, comprising 97.91 crore equity shares. The new shares rank pari passu with existing equity shares and carry no lock-in restriction. This is a routine disclosure under SEBI's employee benefits regulations.
This is a routine ESOP allotment with no material impact on shareholders. The small size of the issue (76,796 shares) results in only marginal dilution and reflects employees exercising vested stock options, which is a positive indicator of employee engagement and retention.