Tube Investments of India Limited has informed the Exchange regarding allotment of 25258 securities pursuant to ESOP/ESPS at its meeting held on February 27, 2026
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Awaiting price reaction for this filing.
Tube Investments of India has allotted 25,258 equity shares of Re.1 face value each to eligible employees who exercised their stock options under the Employee Stock Option Plan 2017. The exercise price was Rs. 270.20 per share. Following this allotment, total outstanding equity shares rose from 19,35,19,670 to 19,35,44,928, and paid-up equity capital increased to Rs. 19,35,44,928. The meeting and allotment took place on February 27, 2026.
This is a routine ESOP allotment with no material impact on shareholders — the dilution from 25,258 shares is negligible relative to the ~19.35 crore share base. The stock price is unlikely to react meaningfully to this disclosure.