Allotment of Shares under Employee Stock Option scheme 2018.
ULTRACEMCO · price
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UltraTech Cement's Nomination, Remuneration and Compensation Committee allotted 1,761 equity shares of Rs. 10 each to employees who exercised their stock options under the company's ESOP Scheme 2018. Following this allotment, the total equity share capital has risen to 29,46,79,171 shares, amounting to Rs. 2,94,67,91,710. The company is also listed on the Luxembourg and Singapore stock exchanges, with corresponding ISIN codes mentioned. This is a routine disclosure under SEBI listing regulations regarding ESOP allotments.
Minimal impact on shareholders — the 1,761 shares allotted represent negligible dilution (about 0.00006% of total share capital), so there is no material effect on earnings per share or stock price.