UNO Minda Limited has informed the Exchange regarding Allotment of 10400 Shares.
UNOMINDA · price
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UNO Minda Limited has allotted 10,400 equity shares of Rs. 2 face value each to employees who exercised stock options under the 2019 ESOP scheme. The exercise price was Rs. 525 per share with a premium of Rs. 523. The paid-up share capital increased marginally from Rs. 1,15,49,13,612 to Rs. 1,15,49,34,412. The company is applying for listing of these shares on NSE and BSE. The company stated the allotment is not material in nature given the small number of shares relative to the total capital of approximately 57.7 crore shares.
This is a routine, non-material share issuance with negligible dilution (10,400 shares out of ~57.7 million shares). It has no meaningful impact on shareholding or stock price.