Thyrocare Technologies Limited has informed the Exchange regarding Allotment of 996 Shares.
THYROCARE · price
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Awaiting price reaction for this filing.
Thyrocare Technologies has allotted 996 equity shares to employees who exercised stock options under the company's ESOS. These new shares rank equally with existing shares. Post-allotment, the total issued and paid-up share capital has risen marginally from 5,29,93,451 shares (Rs 52,99,34,510) to 5,29,94,447 shares (Rs 52,99,44,470). The company has explicitly clarified that this allotment is not material in nature.
Minimal to no impact on shareholders — this is a very small ESOP-driven allotment (0.00019% increase in share count) with negligible dilution. No material effect on stock price or shareholder value is expected.