UNOMINDANSEUNO Minda LimitedLowNeutral
Announced Wed, 18 Mar · 09:50 IST

UNO Minda Limited has informed the Exchange regarding Allotment of 5420 shares pursuant to ESOPs.

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UNOMINDA · price

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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹1054.50
prior close
₹1072.00
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AI summary

UNO Minda Limited has allotted 5,420 equity shares (face value Rs. 2 each) to employees who exercised their stock options under the Uno Minda Employees Stock Option Scheme 2019. The allotment was approved by the Nomination & Remuneration Committee on March 17, 2026, at exercise prices of Rs. 470, Rs. 525, and Rs. 680 per share. Following this allotment, the total issued shares stand at 57,74,21,816 and the paid-up share capital has increased marginally from Rs. 1,15,48,32,792 to Rs. 1,15,48,43,632. The company has confirmed the shares will rank equally with existing equity shares and is applying for listing on NSE and BSE. The company itself has stated this allotment is not material in nature.

Likely market impact

This is a routine, non-material ESOP allotment with a very small number of shares (5,420) relative to the existing share base of over 57.74 crore shares, so it is unlikely to have any meaningful impact on share price or shareholder value. Existing shareholders may see a negligible dilution of less than 0.001%.