Urban Company Limited has informed the Exchange regarding Allotment of 10207638 equity shares pursuant to exercise of stock options under Urban Company Employee Stock Option Schemes
URBANCO · price
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Urban Company's Nomination and Remuneration Committee approved the allotment of 1,02,07,638 equity shares (face value ₹1 each) on November 5, 2025, upon exercise of vested stock options by employees. Of these, 88,07,638 shares were issued under the Employee Stock Option Scheme 2015 and 14,00,000 shares under the Employee Stock Option Plan 2022, both at an exercise price of ₹1 per share. As a result, the company's paid-up share capital rose from ₹1,43,59,01,931 to ₹1,44,61,09,569, representing roughly a 7.1% increase in share count. The newly allotted shares carry no lock-in and will rank equally with existing shares.
This is a routine ESOP exercise that mildly dilutes existing shareholders' stakes by about 7.1%. Since the exercise price is just ₹1 per share (at par), the economic impact is minor and employee-friendly; no material effect on stock price is expected.