Allotment of equity shares under ESOP Plan - 2017 - 6th, 7th, and 8th Tranche
TCI · price
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Transport Corporation of India (TCI) has allotted 87,345 equity shares to eligible employees under its ESOP Plan 2017, covering the 6th, 7th, and 8th tranches, following the exercise of vested stock options. As a result, the company's total paid-up equity shares have risen from 7,67,43,797 to 7,68,31,142 shares, each with a face value of Rs. 2. Consequently, the paid-up equity share capital has increased from Rs. 15,34,87,594 to Rs. 15,36,62,284. The newly allotted shares will rank equally with existing shares in all respects. This is a routine regulatory disclosure made after the Share Transfer Committee's approval on June 30, 2026.
Minor dilution for existing shareholders due to the small issuance of 87,345 shares (about 0.11% increase in share count). This is a routine ESOP allotment reflecting employee compensation activity and is unlikely to materially affect the stock price.