UNO Minda Limited has informed the Exchange regarding Allotment of 34990 Shares.
UNOMINDA · price
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UNO Minda Limited's Nomination & Remuneration Committee approved the allotment of 34,990 equity shares of Rs. 2 each to employees who exercised their stock options under the Uno Minda Employees Stock Option Scheme 2019. The exercise prices were Rs. 470 and Rs. 525 per share. Following this allotment, the company's paid-up equity share capital increased marginally from Rs. 1,15,48,43,632 to Rs. 1,15,49,13,612. The company clarified that this allotment is not material in nature and is applying for listing of these shares on NSE and BSE. The new total share count stands at 57,74,56,806 equity shares.
Negligible impact on existing shareholders as this represents only 34,990 shares out of approximately 577 million total shares (less than 0.01% dilution). The company has explicitly stated this is not material information.