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Announced Wed, 25 Jun · 11:18 IST

The Securities Committee of the Board of Directors of the Company vide a resolution passed on June 24, 2025, has allotted 2,460 equity shares of face value of Re.1/- each of the Company ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Securities Committee of the Board of Directors allotted 2,460 equity shares with a face value of Re. 1 each on June 24, 2025, via a board resolution. The very small size of the allotment strongly suggests this is a routine issuance, likely under an employee stock option plan (ESOP) or a similar scheme. The company name was not specified in the filing. No pricing, recipient, or broader context details were available in the headline.

Likely market impact

Negligible impact on shareholders or stock price given the extremely small number of shares issued. This is a routine corporate action with no material dilution or strategic significance.