Triveni Turbine Limited has informed the Exchange regarding Allotment of 2950 Shares.
TRITURBINE · price
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Triveni Turbine has allotted 2,950 equity shares of Re.1 face value each to employees who exercised their vested stock options under the company's Employee Stock Unit Plan 2023. The shares were issued at Re.1 per share (no premium) on March 30, 2026. As a result, the company's total issued and paid-up share capital has increased from Rs. 31.79 crore (31,78,92,029 shares) to Rs. 31.79 crore (31,78,94,979 shares). The newly allotted shares will rank equally with existing equity shares and carry no lock-in restrictions.
This is a very small ESOP allotment with negligible dilution (2,950 shares out of over 31.79 crore shares). It is a routine employee benefit exercise and is unlikely to have any material impact on the stock price or existing shareholders.