Announced Tue, 30 Jun · 16:52 IST
TCI allots 87,345 shares under ESOP Plan 2017
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TCI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹921.00
prior close
₹925.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.6+1.2+0.9+1.2+1.1+1.4+3.8+1.0+1.7+0.5———
Up moveDown movePending
AI summary
Transport Corporation of India (TCI) has allotted 87,345 equity shares of face value Rs 2 each under its ESOP Plan 2017 (6th, 7th and 8th Tranches) to eligible employees who exercised vested options. Total paid-up shares rose from 7,67,43,797 to 7,68,31,142, increasing paid-up capital from Rs 15.35 crore to Rs 15.37 crore. New shares rank equally with existing shares.
Likely market impact
Minor dilution for shareholders as 87,345 new shares issued to employees; negligible impact on stock.