Tvs Supply Chain Solutions Limited has informed the Exchange regarding Allotment of 4000 Shares.
TVSSCS · price
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Awaiting price reaction for this filing.
TVS Supply Chain Solutions has allotted 4,000 equity shares of face value INR 1 each to employees/managers who exercised their stock options under the company's Management Incentive Plan II (MIP II), 2018. The newly issued shares will rank equally with existing shares. Post-allotment, the total paid-up share capital has risen marginally from 44,11,76,027 shares to 44,11,80,027 shares — an increase of just 4,000 shares (negligible dilution of around 0.00009%).
This is a routine, very small ESOP allotment with negligible impact on shareholding or stock price. Shareholders face virtually no dilution, and the event is purely administrative in nature.